Home » Sensex falls 340 points, Nifty ends at 14,850; Small and Mid-cap outperform
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Sensex falls 340 points, Nifty ends at 14,850; Small and Mid-cap outperform

Domestic equity market benchmarks BSE Sensex and Nifty50 closed on the red side. Selling pressure in Financial, Pharma and Metal stocks and buying interest in Auto and select PSU bank shares have been seen today. BSE Sensex and Nifty 50 declined 0.69 and 0.61 per cent respectively. The Sensex of Bombay Stock Exchange closed below the 49,200 level while Nifty50 of the National Stock Exchange settled at the 14,850 mark. The Sensex declined 340 points to trade at 49,161 and the Nifty50 plunged by 91 points to trade at 14,850.

In Nifty50 shares, 28 shares out of 50 companies declined. JSW is the worst performer as it declined more than 3 per cent followed by Hindalco which fell by 3.06 per cent, Kotak Mahindra plunged 3 per cent, HDFC, Divis Labs, Wipro and Titan Company also closed on the red side of the market. On the other hand, 22 stocks out of 50 Nifty50 shares closed on the green side. Coal India gained more than 5 and a half per cent and NTPC rose 4.59 per cent. Oil Industry shares such as IOC, ONGC, BPCL also gained and closed on the green side of the market.

Despite red signals to the Sensex and nifty50, Small-cap and Mid-cap have shown positive growth in the market. The Nifty Midcap 100 index gained 0.79 per cent and the Nifty Smallcap 100 index surged 0.82 per cent. In Nifty Midcap 100, BHEL gained more than 11 and a half per cent, MRPL 7 per cent, COFORGE Ltd, Hudco and Voltas also shown positive growth while SAIL, Ajanta Pharma and Jindal Steel declined. In Nifty Smallcap 100, Kaveri Seed gained 13.66 per cent. On the other hand, Indiamart, HEG, Tata Elxsi declined

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