For Quick Alerts
For Daily Alerts

Nifty drops for third day in a row; ONGC rallies


Nifty drops for third day in a row; ONGC rallies
The Nifty ended the day marginally lower for a third straight day despite strong global cues.

The Sensex was provisionally up by 36 points, while the Nifty lost 4 points in trade. Among the notable gainers from the Nifty were HDFC, which gained 2.21 per cent, following a sharp decline witnessed on Thursday.

Other notable gainers from the Nifty were Jindal Steel, Tata Steel and GAIL. Heavyweight, ONGC was the top gainer in trade rallying almost 2.2 per cent.

Nifty stocks that added pressure on the index today were Tata Motors, Sesa Sterlite, Hindalco and ITC.

Mid cap stocks also did not have a good day in trade. However, gainers included Bata India, Jain Irrigation, Bicon, Siemens and Voltas.

Pfizer and Wyeth which have been rallying ever since their merger announcement continued to gain ground.

PSU banking stocks did not have a good day in trade with most of the stocks from the sector coming in for some selling pressure. Among the notable losers from the space were Union Bank of India, Canara Bank and IDBI Bank.

Software stocks ended the day mixed with Infosys and Tata Consultancy Services gaining ground, while HCL Tech dropped.

Meanwhile, most of the Asian markets ended the day with gains led by a rally in the Hong Kong's Hang Sang and the Seoul Composite.

Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more