Key benchmark indices ended lower on Thursday after trading little changed during the trading session. There was caution prevailed in the wake of futures and options (F&O) expiry for December on slowing concerns over govt’s borrowing exceeding target.
The BSE Sensex ended lower by 63.78 pts to 33,848.03, whereas the NSE Nifty-50 down 12.85 pts to close at 10,477.90. Metal & mining company’s stocks registered stellar gains across the board since copper prices rose in global markets.
On BSE, sectorally, shares of realty index gained the most by 2.97%, followed by metal 2.04%, IT stocks 0.11% and consumer durables 0.04%. Conversely, PSU index fell 0.77%, oil & gas 0.46%, auto 0.35% and banking 0.27%.
The Sensex toppers include Tata Steel, Dr Reddy's Lab,HDFC Bank, Wipro Ltd and ICICI Bank while the major losers were SBI, Hero MotoCorp, Sun Pharma Axis Bank and Adani Ports.
Metals stocks skyrocketed due to copper prices extended gains to hit a near 4-year high. Stocks of Vedanta rose 2.7%, tracking for a third consecutive session of gains, while shares of Hindalco Industries surged 4.9% to hit a record high.
0 comments:
Post a Comment