Nifty ends lower amidst choppy trade; Metal, oil&gas down
09 March 2010
The Nifty ended a volatile session lower. It slipped below 5100 during the day, but managed to close above that level. Metal, oil and gas, realty, auto, capital goods, power and pharma stocks witnessed selling pressure. However, buying interest was seen in IT stocks. The negative contributors to the bourses were Reliance, L&T, SBI, NTPC and SAIL while Infosys, ICICI Bank, HDFC and HDFC Bank were the positive contributors.
The Sensex was down 50.06 points or 0.29% at 17052.54. It has touched an intraday high of 17,130.83 and an intraday low of 17,031.21.
The Nifty was down 22.50 points or 0.44% at 5101.50. It has touched an intraday high of 5,131.80 and an intraday low of 5,094.35.
The market breadth was negatives, about 1095 shares have advanced, 1832 shares declined, and 257 shares are unchanged.
Top losers on the bourses were Jaiprakash Asso at Rs 143.15 down 3.44%, Tata Motors at Rs 770.90 down 3.24%, Suzlon Energy at Rs 77.10 down 2.84%, IDFC at Rs 159.40 down 2.75% and Hindalco at Rs 162.05 down 2.56%.
Top gainers on the bourses were HDFC at Rs 2,660.40 up 2.13%, HDFC Bank at Rs 1,811.45 up 1.75% and Maruti Suzuki at Rs 1,499.90 up 1.52%, and Sun Pharma Rs 1,655.30 up 1.32%.