Mkts end deep in red; oil&gas, power stocks worst hit

It was yet another weak and disappointing day for the markets which opened on weak and inconclusive note and traded under pressure through the day and finally ended with a deep cut. Oil & gas, realty, power and auto scrips were the worst hit counters however all the BSE indices ended in red.

Midcaps and smallcaps are still finding difficult to attract investors attention and both the indices closed with over 2% decline. Market breadth was negative through out the day and the volume was also not very impressive.  

Sensex ended down 344.98 points or 1.91% at 17746.96, and the Nifty closed down 113.20 points or 2.14% at 5167.60. On BSE about 839 hares advanced, 2115 shares declined, and 43 shares were unchanged. BSE midcap ended down 2.57% at 7814.80 and Smallcap was down 2.2% at 10148.95.

BSE capital good index was down 2.07% at 16610.90. Major losers were Triveni Engineering, Lakshmi machine and Kirloskar Brother.

BSE auto index was down 2.19% at 4816.07. Major losers were Escorts, Exide Industries, TVS Motors and Hind Motor.

BSE Bankex was down 2.18% at 10877.70. Centurion bank, Kotak Mahindra bank and IOB were the top losers.

BSE FMCG index was down 1.6% at 2170.51. Bata India, HUL and GSK were the top losers in this space.

BSE pharma index ended down 0.74% at 3641.28. Aurbindo Pharma, Glenmark Panacea Biotech were the top losers.

BSE IT index closed down 0.88% at  3697.67. I-Flex Solution, Tech Mahindra and Patni Computers were the worst hit counters. 

BSE metal index was down 1.06% at 15375.86. Maharasthra, Seamless, Sesa Goa and Shree Precoated were the top losers in this space.

BSE oil & gas index ended down 4.64% at 10663.35. Reliance natural, Petronet LNG, RPL and BPCL were the weakest in todays trade.

BSE power index closed 2.87% at 3823.27. In the power space, top losers were Suzlon Energy, Reliance energy and Torrent Power were the weakest scrips.

BSE realty index closed 3.42% at 10045.73. Mahindra Life, Peninsula land and Parsvnath were the top losers.

Turnover today:

• NSE cash - Rs 11087.47 cr
• NSE F&O - Rs 57973.91 cr
• BSE cash - Rs 4046.87 cr
• Total - Rs 73108.25 cr

Markets snapshot:

• FOMC expectation jitters fretter Asian markets; Indian markets follow suit
• Sensex down 333 pts at 17759; Nifty down 113 pts at 5168
• CNX Midcap down 2.4%; BSE Smallcap down 2.2%
• BSE Oil & Gas down 4.4%; RPL down 6.1%, BPCL down 5.6%, ONGC down 5%, Reliance down 4.1%
• BSE Auto down 2.3%; Tata Motors down 2.6%, Bajaj Autoo down 4.3%
• BSE Capgoods down 2%; ABB down 4.1%, Siemens down 3%, L&T down 1.8%
• Other Index Gainers: Sun Pharma up 8.7%, Zee Ent up 4.3%
• Other Index Losers: Suzlon Energy down 6.9%, HUL down 6.2%, REL down 5.6%, VSNL down 5.5%, NTPC down 4.7%
• Non Index Gainers: Hind Zinc up 4.6%, Godrej Ind up 5%, Nicholas Piramal up 4.7%, Lupin up 5.9%, Raymond up 5.5%, S Kumars 6%, Geodesic Indo up 10.1%, Visa Steel up 5%Renaissance Jewellery up 13.6%
• Non Index Losers: JP Associates down 5.7%, Essar Oil down 6%, RNRL down 6.5%, Indiabulls Fin down 6.4%, Glenmark Pharma down 6%, Lanco Infra down 8.9%, IDBI down 6.8%, Welspun Guj down 6.6%
• NSE Advance Decline is 1:4
• Total Turnover at Rs 73,108 Cr Vs Rs 72,874 Cr