Indian equities sustained the fall for the second day on Thursday due to political uncertainty and weak global cues. Both Sensex and Nifty dipped 0.80 each. Sustained selling pressure is being witnessed in metal, capital goods, power, oil&gas and financials stocks.
The Sensex closed at 18349, down 147 points while the Nifty slipped 46 points to end the day at 5554.
Major gainers were Bajaj Auto (2.11%), Tata Consultancy Services (1.26%), ITC (1.12%), Oil & Natural Gas Corporation (0.84%), Wipro (0.72%) and HDFC Bank (0.53%).
Major losers were Bharat Heavy Electricals (4.27%), GAIL (India) (3.58%), Coal India (3.08%), Reliance Industries (3.06%), Tata Steel (2.88%), and Housing Development Finance Corporation (2.87%) were the major losers in the Sensex.
The IT index was up by 0.84%. Major gainers were Mphasis (2.38%), Tata Consultancy Services (1.26%), Wipro (0.72%), Infosys (0.49%) and Financial Technologies (India) (0.16%).
The Metal index was down by 2.28%. Major losers were Hindustan Zinc (3.35%), Coal India (3.08%), Jindal Steel & Power (1.25%), Hindalco Industries (0.65%) and Bhushan Steel (0.52%).
The Capital Goods index slipped by 1.94%. Major losers were Bharat Heavy Electricals (4.27%), BEML (4.07%), A B B (3.96%), A I A Engineering (0.32%) and Bharat Electronics (0.06%).
The Power index was down 1.63%. Major losers were Bharat Heavy Electricals (4.27%), A B B (3.96%), Adani Power (3.36%), Reliance Infrastructure (3.32%) and Crompton Greaves (2.15%).
Major losers in the mid – cap space were Aban Offshore (4.23%), Allcargo Logistics (1.32%), A I A Engineering (0.32%), A B G Shipyard (0.25%) and CORE Education and Technologies (0.04%).
Major losers among small - caps were A B G Infralogistics (4.34%), A2Z Maintenance & Engineering Services (3.79%), Adhunik Metaliks (3.29%), Trident (3.01%) and Aanjaneya Lifecare (0.19%).
Globally, Asia ended on a lower note while European indices were trading with the same sentiment.
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