Equity benchmarks erased yesterday’s gains and traded in red today. Sensex lost 87 points and closed at 28091 while Nifty lost 17 points at 8691. However, Banking sectors closed in the positive zone. BSE Bankex closed 56 points up at 22778 and bank Nifty closed 27 points higher at 19834. BSE SmallCap has gained 17 points at 13518 while BSE MidCap lost 41 points at 13543 and Nifty Midcap dropped 16 points at 15991. Tata stocks fell 3 percent intraday.
At the end of the day, 1344 shares advanced, 1444 shares declined and 236 shares remained unchanged.
Asian Market Indices: Nikkei gained 130 points intraday at 17365, Hang Seng lost 38 points at 23565 and Shanghai Composite with no major major gains and losses closed at 3132.
Gainers: Adani Ports, Dr Reddys Labs, Bharti Infratel, Bharti Airtel, ICICI Bank
Losers: M&M, Tata Steel, GAIL, Idea Cellular, HUL