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Sensex declined slipped 145 points to close at 13,547 and the NSE Nifty index fell 50 points to close at 4,110.

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Indian market ended the September series on a weak note. After starting the day on a flat note, markets constantly were on a declining mode. The slide could be attributed to selling pressure witnessed in the IT, realty and the power stocks.

The BSE benchmark Sensex slipped 145 points to close at 13,547 and the NSE Nifty index fell 50 points to close at 4,110.

Among the 30 components of the Sensex, 23 stocks ended in the red and only 7 stocks ended with positive bias. Reliance Industries, Bharti Airtel, ITC and Infosys were among the major laggards. Bucking the negative trend were, HDFC Bank, L&T, ONGC and NTPC.

All BSE Sectoral indices ended in negative terrain, BSE Realty index (down 2.5%), BSE IT index (down 2.2%), BSE Metal index (down 1.7%) and BSE Consumer Durable index (down 1.6%). Even the Mid-Cap and the Small-Cap indices lost nearly 1% each.

Market breath was weak, 1,688 declined against 898 advances, while, 79 stocks remained unchanged.

Shares of NMDC gained by 2% to Rs241 after the company announced that is no proposal for further divestment of any share as of now. The scrip touched an intra-day high of Rs248 and a low of Rs235 and recorded volumes of over 94,000 shares on BSE.

Shares of Man Industries rallied by over 10% to Rs61.8 after the company announced that it secured an order worth Rs11bn. The company also announced that it commenced 3rd HSAW Production line at Anjar and has also moved ahead with the US Project. The scrip touched an intra-day high of Rs65 and a low of Rs55 and recorded volumes of over 5,00,000 shares on BSE.

Shares of Autoline Industries fell from its day’s high and slipped by a percent to close at Rs153. The company’s wholly owned subsidiary, Koderat Investments Ltd, a company incorporated and existing under the laws of Cyprus ("Koderat"), acquired 49% equity share capital of "SZ Design S.r.l.", an Italian limited liability company. The scrip touched an intra-day high of Rs167 and a low of Rs148 and recorded volumes of over 37,000 shares on BSE.

MSK Project surged by over 8% to Rs65 after ~1.57mn equity shares of the company changed hands in single transaction. The scrip touched an intra-day high of Rs71 and a low of Rs58 and recorded volumes of over 15,00,000 shares on NSE.

Souce : India Info Line

3 Responses to "Sensex declined slipped 145 points to close at 13,547 and the NSE Nifty index fell 50 points to close at 4,110."

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