Key benchmark indices closed the session on a lower note, weighed down by disappointing earnings reported by blue-chip companies such as Lupin and Bajaj Auto. However, the downside was limited due to buying demand in auto and oil shares.
In the broader markets, the small-cap stocks were in focus with the Small-cap index gaining over 0.5%; the Mid-cap index was, however, marginally down.
In the currency space, the Indian rupee traded lower at 63.77 against the US dollar due to sustained dollar demand from banks and importers.
The Sensex ended lower by 134.09 points at 28,370.84 and the Nifty was down 43.70 points at 8,589.80.
Cairn India rallied 7% on media reports that Britain's Cairn Energy Plc is set to vote against Vedanta buyout offer for Cairn India's minority shareholders.
KPIT Technologies rallied 5.6% after the company posted consolidated net profit of Rs.44.4 crore in the June quarter, down 11.7% from a quarter ago.
Container Corporation of India dipped 5.5% after the company reported a 21% decline in net profit to Rs206.9 crore in the June quarter compared with Rs261.88 crore a year ago.
The market breadth stood in favour of advances. Of the 2968 stocks traded on the BSE, 1531 (51.58%) rose, 1311 (44.17%) fell and 126 (4.25%) stocks remained unchanged.
Among the sectoral indices- Top Gainers: S&P BSE CD up 1.59%, S&P BSE Auto up 0.49% and S&P BSE Oil&Gas rose 0.48%. Top Losers: S&P BSE TECk down 0.79%, S&P BSE Bankex down 0.71% and S&P BSE CG down 0.67%
Among 'A' group stocks, top three gainers were - Polaris up 9.29%, Rajesh Exports up 7.84% and Jubilant Life Sciences up 7.29%. Top three losers were - Kailash down 9.96%, TV18 Broadcast down 7.96% and JSW Energy down 5.51%
No comments
Post a Comment
Note: only a member of this blog may post a comment.