Advertisement

HindustanTimes Thu,24 Apr 2014

Sensex falls for the fifth day, closes flat

PTI  Mumbai, February 06, 2013
First Published: 09:43 IST(6/2/2013) | Last Updated: 17:48 IST(6/2/2013)

The BSE benchmark Sensex on Wednesday closed 20 points down on profit-booking in bluechip stocks such as ICICI, L&T and Hindustan Unilever despite firming global trend.

Advertisement

Continuing its losing trend for the fifth consecutive day, the Sensex today fell by 20.10 points, or 0.10%, to 19,639.72. The gauge had lost 345 points in last four trading sessions.

However, the Wide-based National Stock Exchange index Nifty edged up by 2.30 points, or 0.04%, to 5,959.20, after touching the day's high of 5,990.90.

Brokers said the market remained volatile during the session as firming global trend and selective buying in cement and information technologies companies saved the market from any major fall.

The downtrend was led by fall in lenders and industrial majors on profit-booking. ICICI Bank dropped by 1.08% to Rs. 1,154.85, SBI by 0.60% to Rs. 2,351, HDFC Bank by 0.62% to Rs. 639.40, Larsen and Toubro by 1.23% to Rs. 1,514.60 and BHEL by 1.72% to Rs. 208.55.

In 30-BSE index components, 18 stocks declined led by most weighted Reliance Industries by 0.17% to Rs. 874.90. However 12 stocks, including Infosys, Maruti Suzuki, DLF, Bharti Airtel and Jindal Steel saved the market from any major fall.

Among the cement companies, Ambuja Cement, Ultratech Cement, Grasim Industries, ACC, Gujarat Sidhi Cement and Madras Cement ended with gains.

Advertisement
more from Business

Facebook profits nearly triple to $642 million

Facebook profits nearly tripled to $642 million in the first quarter on a 72 percent surge in revenues, helped by gains in mobile users and mobile advertising, the company reported Wednesday.
markets
Advertisement
Most Popular
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved