Mkts end in red amid volatility; power, realty stocks drag

The markets opened on weak note despite good global cues and proceeded to trade weak amid volatility in the first half. It gained some momentum in the later half but could not maintain it for long and slipped in late trade to end with modest cut.

Power, realty, banking, capital goods and healthcare spaces traded weak through the day and ended deep in red. Power and realty index closed down with a cut of over 2%. Oil & gas, FMCG and auto stocks were firm today and drew good attention in the first half, slipped in late trade  but still manage to close with modest gains.

Sensex ended down 109.93 points or 0.62% at 17648.71, and the Nifty was down 30.15 points or 0.58% at 5137.45. On BSE, about 1062 shares advanced, 1893 shares declined, and 48 shares remained unchanged. BSE midcap ended 0.8% down at 7766.62 and smallcap was down 0.22% at 10124.42.

BSE auto index ended up 0.42% at 4832.4. Hindustan Motors, Escorts and Ashok Leyland were the top gainers in this space. BSE FMCG and IT index closed flat at their previous day's level.

BSE oil & gas index ended up 0.19% at 10705.20. Essar Oil, GAIL, RNRL and Reliance petroleum were the top gainers.  

BSE bankex ended down 1.71% at 10713.91. PNB, Oriental Bank and Allahabad bank were the leading losers in the banking domain.

BSE capital goods index was down 1.43% at  16387.70. Bharat Electronics, Thermax, Reliance Infra and crompton Greaves were the top losers.

BSE pharma index was down 1.39% at 3603.52. Aurbindo Pharma, Sterling Biotech and Biocon were the top losers in this space.

BSE metal index was down 0.61% at 15312.92. Hindalco, Shree Precoated, JSW Steel and Sterlite Industries ended with deep cut.

BSE power index ended down 2.13% at 3741.27. In the power space, Power Grid, Crompton Greaves and Suzlon Energy ended in red.

BSE realty index closed down 2.73% at 9871.06. Puravankara Projects, DLF and Omaxe ended with deep cut.

Turnover Today:

• NSE cash - Rs 21009.41 cr
• BSE cash - Rs 5159.1 cr
• NSE F&O - Rs 78768.81 cr
• Total - Rs 104937.32 cr 

Markets snapshot:

• Markets slip from day's high amid volatile trade on expiry day
• No respite seen for the markets even after another 50 bps fed rate cut from FOMC
• Sensex ends down 110 pts at 17649; slips 360 pts from day's high
• Nifty ends down 30 pts at 5137; slips 114 pts from day's high
• CNX Midcap Index down 1.6%, BSE Small-cap Index down 0.22%
• BSE Realty Index continuous to be under pressure; down 2.73%; DLF down 6%, Brigade Ent down 12.5%, Purvankara down 9.8%
• BSE Bank Index down 1.7%; ICICI Bank down 3.5%, SBI down 2.5%, Corporation Bank down 8.5%
• Index Gainers; Nalco up 8.5%, Idea up 7.1%, HUL up 6.6%, VSNL up 4.6%
• Non-Index Gainers; Pyramid Saimira up 18.3%, Oswal Chem up 17.8%, Concor up 15.8%, Ess Dee up 12%
• Non-Index Losers; Bhushan Steel down 15.7%, Aurobindo Pharma down 12%, Global Vectra down 8.6%
• NSE Advance Decline is 3:5
• Total Turnover at Rs 1.05 lakh Cr Vs Rs 73,108 Cr
• Markets clock turnover of over 1 lakh as Jan F&O series expire