Sensex, Nifty falls in line with global markets

Commentary

oi-Staff

By Super

Published: Tuesday, June 19, 2012, 14:46 [IST]

Indian stock markets witnessed a falling trend in line with falling European markets. The 30-share Bombay Stock Exchange lost more than 200 points in a day, while NSE Nifty fell below 5,100.

During the last session of the trade, the BSE Sensex was seen down by 1.15% or 197 points at 16,921. And the 50-share NSE Nifty fell by 1.35% or 69.30 points at 5,079.05.

On the sectoral front on the BSE, all sectors were seen negative and the sectors which lost large junk were Realty (5.18%), Consumer Goods (2.26%), Power (2.04%), Bankex (1.98%), Consumer Durables (1.97%) and PSU (1.64%).

On the NSE, the biggest losers were DLF (7.41%), JP Associates (6.15%), RCOM (5.44%), Axis Bank (4.18%) and M&M (4.15%).

The companies gained on the NSE were Cipla, Tata Motors, HDFC Bank, Grasim, added 6.59%, 2.31%, 0.02% and 0.13%, respectively.

While on the global front, both Asian and European bourses turned bearish. Japan's Nikkei was down by 0.72%, Hong Kong's Hang Seng slipped 0.82%, FTSE 100 was seen down 0.60% and CAC 40 by 1.41%.

The only stock exchange ended green was China's Shanghai and posted marginal gains of 0.01%.

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