The Indian equity benchmarks remained under selling pressure due to weakness in Reliance Industries and ITC. L&T, HDFC Bank and State Bank of India too were under pressure.
The 30-share BSE Sensex declined 81.11 points to 19,394.89 and the 50-share NSE Nifty lost 32.65 points to 5,896.95. The Indian rupee too weakened today, losing 31 paise to 54.86 against the US dollar.
Meanwhile, software services exporter TCS, country's largest car maker Maruti Suzuki and aluminium major Hindalco Industries outperformed, rising 0.6 percent each.
FMCG major Hindustan Unilever and drug producer Cipla gained 0.9 percent and 1.4 percent, respectively.
Cigarette major ITC was down fell 0.7 percent and engineering conglomerate Larsen & Toubro slipped 1.14 percent.
India's biggest lender State Bank of India declined 0.54 percent while its rival HDFC Bank went down 0.6 percent.
Shares of Mahindra & Mahindra, Bajaj Auto, BHEL, Wipro and Sterlite Industries were down nearly 1.5 percent. Index heavyweight Reliance Industries moved down 0.6 percent.
Ambuja Cements, Jaiprakash Associates and BPCL were top losers, falling 2-3 percent.
In the second line shares, KSK Energy Ventures, Amtek Auto, Sun Pharma Advanced, TVS Motor and BGR Energy rallied 4-6.5 percent. However, Jubilant Life, Pantaloon Retail, Muthoot Finance, Prism Cement and KPIT Cummins lost 2.5-3 percent.
No comments:
Post a Comment