Taking cues from weak global markets, benchmark Sensex witnessed consolidations. Profit booking was seen in banking & financial, capital goods, technology, auto, pharma and realty stocks.
BSE Sensex ended down by 85.41 points at 17,615.72 and NSE Nifty settled at 5263.10 after falling 18.70 points.
While BSE Midcap Index ended flat, BSE Smallcap Index continued its upward trend for the 10th consecutive day.
The benchmark Sensex snapped a four day winning streak led by profit booking in banking & financial, capital goods, technology, auto, pharma and realty stocks. Weak global cues also weighed on the markets. However, buying was seen in oil & gas exploration, select telecom, metal and power stocks which limited the losses to some extent.
Shares of GMDC (Gujarat Mineral Development Corporation) was today the major gainer and it rose 10.22% to Rs. 167.15. Following the news that government is planning a stake sale in the company, Hindustan Copper’s share price surged 10% to Rs. 316.30.
Other major gainers were Aban Offshore, Bhushan Steel and Jaiprakash Hydro-Power.
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