MUMBAI: In highly choppy trade, the BSE benchmark index Sensex failed to regain the psychological 16,000-mark today, despite ending in the positive terrain for the second day with a gain of 20 points, as funds continued to their selling spree in heavy-weight counters.
Tracking Asia, the Sensex opened 95 points down and shuttled between 16,061.41 and 15,651.99 before shutting the shop for the day up a paltry 19.96 points at 15,935.61, as Reliance and Infosys bucked the general downtrend. These two stocks alone carry nearly 23% weight in the index.
While the market remained low at the outset, a last-hour buying on better GDP projection and higher opening in European markets saved the market from any major fall.
The wide-based National Stock Exchange index Nifty ended almost flat gaining a paltry 3.15 points to 4,760.40, after swaying between 4,799.05 and 4,675.40 points. The index opened 26 points down following poor Asian cues.
The gains were led by capital goods, tech, bank and realty indices which rose between 0.56 to 0.31%; while metals, auto and healthcare counters lost between 1.38 to 0.11%.
The metal index suffered the most by shedding 1.38% to 15,392.80, after Tata Steel slipping by Rs 24.90 to Rs 533.80 and the biggest aluminum producer Hindalco sinking by Rs 5.30 to Rs 136.10. PTI RS SUN DP KPS BEN BEN 02081625 NNNN.
TOI
Tracking Asia, the Sensex opened 95 points down and shuttled between 16,061.41 and 15,651.99 before shutting the shop for the day up a paltry 19.96 points at 15,935.61, as Reliance and Infosys bucked the general downtrend. These two stocks alone carry nearly 23% weight in the index.
While the market remained low at the outset, a last-hour buying on better GDP projection and higher opening in European markets saved the market from any major fall.
The wide-based National Stock Exchange index Nifty ended almost flat gaining a paltry 3.15 points to 4,760.40, after swaying between 4,799.05 and 4,675.40 points. The index opened 26 points down following poor Asian cues.
The gains were led by capital goods, tech, bank and realty indices which rose between 0.56 to 0.31%; while metals, auto and healthcare counters lost between 1.38 to 0.11%.
The metal index suffered the most by shedding 1.38% to 15,392.80, after Tata Steel slipping by Rs 24.90 to Rs 533.80 and the biggest aluminum producer Hindalco sinking by Rs 5.30 to Rs 136.10. PTI RS SUN DP KPS BEN BEN 02081625 NNNN.
TOI
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