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Sensex ends lower at 38,736.23 pts on profit booking

Sensex ends lower at 38,736.23 pts on profit booking

India Blooms News Service | @indiablooms | 12 Jul 2019, 06:22 pm

Mumbai, July 12 (UNI): The bencmark index of Bombay Stock Exchange (BSE) slipped on Friday by 86.88 points to end volalitle session on a negative note at 38,736.23 as investors book profit at higher level.

The Nifty of National Stock Exchange (NSE) too declined by 30.40 points to 11,552.50.

The Sensex, which had risen by 266 points on Thursday, extended its gains by 118 points to 38,941.10 in the morning trade but then erased early gains as volalitlity marred the session.

The Sensex swung in the wild range between 39,021.84 and 38,684.85 points, respectively, and finally closed negative at 38,736.23, down by 86.88 points as against its last close.

The Nifty registered day's high and low at 11,639.55 and 11,538.60 points, respectively.

The sectoral indices like Capital Goods, Telecom, Industrials, Bankex and Utilities dragged the market down, however, renewed
buying in Metal, Realty, Technology, IT and Health Care restricted its further decline, brokers informed.

The broader markets outperformed the Sensex, as the S&P BSE Mid-Cap index and Small-Cap advanced by 0.41 per cent and 0.16 pc, respectively.

The market breadth was negative on BSE, as 1,196 shares gained while 1,252 fell and 146 were unchanged.

Overseas, most European markets were trading higher while most Asian stocks closed on a mixed note on expectations of a rate cut by the the sectoral indices led by Capital Goods, Telecom, Industrials, Bankex and Utilities fell by up to 1.22 per cent.

Whereas, Metal, Realty, Technology, IT and Health Care increased by up to 0.91 pc.

Index pivotals like Reliance Industries and TCS edged higher by up to 0.32 pc.

While, HDFC Bank declined 0.21 pc, private sector banks stocks were under pressure. Axis Bank, AU Small Finance Bank, Kotak Mahindra Bank and ICICI Bank shed by up to 1.29 pc.

Yes Bank and RBL Bank advanced, rising by up to 1.89 pc.

Sensex ends lower at 38,736.23 pts on profit booking

India Blooms News Service
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