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Sensex ends flat; L&T crashes on poor numbers

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Sensex ends flat; L&T crashes on poor numbers
The Sensex and the Nifty ended the day little changed, even as the poor performance by infra major L&T dragged indices lower.
 

The Sensex ended the day higher by 4 points (provisional), while the Nifty ended the day higher by 2.60 points. L&T ended the day 7 per cent lower, while other infra stocks like Bhel, Siemens also fell after L&T's poor numbers.

Reliance Industries which reported numbers on Friday after markets also ended down by around 2 per cent after markets were disappointed with the numbers.

Top Nifty gainers in trade today were HDFC, Bank of Baroda, Indusind Bank and Mahindra and Mahindra.

Nifty losers in trade today were Ambuja Cements, ONGC and Tata Steel, which touched a 52-week low on worries over the performance of the steel sector.

Wockhardt crashed almost 10 per cent after the company admitted that it had received a warning letter from the US FDA regarding its Waluj facilities.

ADAG stocks ended the day lower after reports that the CBI seeks to question Anil Ambani and wife on seven issues related to 2G case.

Mid caps had a volatile session of trade with GMR gaining 6 per cent, while Unitech crashed 4 per cent.

Meanwhile, markets in Europe were trading higher while most of Asia ended the day with gains.

GoodReturns.in

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