Sensex, Nifty End Lower After One-Day Rally
Closing Bell: Sensex, Nifty End Lower After One-Day Rally
Indian equity benchmarks ended lower after rallying yesterday.
The S&P BSE Sensex ended 100 points or 0.26 percent lower at 38,132.88 and the NSE Nifty 50 ended below 11,450, down 0.33 percent. The broader market index represented by the NSE Nifty 500 Index ended 0.11 percent lower.
The market breadth was tilted in favour of sellers. About 958 stocks fell and 801 shares advanced on National Stock Exchange.
Six out of 11 sectoral gauges compiled by NSE fell, led by the NSE Nifty Pharma Index’s 1.04 percent fall. On the flipside, the NSE Nifty PSU Bank Index was the top sectoral gainer, up 1.59 percent.
Stocks Moving On Heavy Volumes
- Shares rose as much as 4.5 percent to Rs 1,118 apiece.
- Trading volume was more than nine times the 20-day average.
- Shares fell nearly 2.6 percent to Rs 181.50.
- Trading volume was more than eight times the 20-day average.
- Shares declined 3.6 percent intraday to Rs 1,041.35.
- Trading volume was nearly four times the 20-day average.
- Shares gained 3.8 percent intraday to Rs 613.50.
- Trading volume was more than three times the 20-day average.
- Shares gained as much as 6.2 percent to Rs 69.25.
- Trading volume was more than four times the 20-day average.
Block Deal Alert: Motherson Sumi
About 24.3 lakh shares of Mother Sumi changed hands in a block deal, according to aBloomberg report. Buyers and sellers were not known immediately.
Inox Leisure Jumps Over 15%, Surges To Record
Shares of Inox Leisure rose as much as 15.4 percent, the most since Aug. 3, 2018, to hit an all-time high.
Trading volume was triple its 20-day average, Bloomberg data showed. The Relative Strength Index was above 70, indicating that the stock may be overbought.