For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Markets end lower ahead of truncated week of trading

|

Markets end lower ahead of truncated week of trading
Markets ended the day lower ahead of profit booking amidst a dull day of trade. Volumes were thin ahead of a truncated week following Christmas holiday on Dec 25.
 

The Sensex ended the day marginally lower by 71 points, while the Nifty ended the day lower by 16 points. Among the top losers in trade were HDFC, which dropped 1.28 per cent on selling pressure in stock.

However, the top loser in trade was Sesa Sterlite which lost ground after reports that the Central Bureau of Investigation (CBI) was investigation the acquisition of Hindustan Zinc.

Tata group stocks including Tata Power and Tata Steel were the other prominent losers in trade.

Among the Nifty gainers were Bharat Heavy, Bajaj Auto, Reliance Industries and State Bank of India. Mid cap stocks saw some buying interest with gainers from the space being Infra and capital good stocks including Voltas, Crompton Greaves, Tata Chemicals and SunTV Network.

However, Apollo Tyres continued its fantastic run rallying 7 per cent in trade.

PSU banking stocks were once again in the limelight with notable gainers being Canara Bank, Punjab National Bank, Oriental Bank and Andhra Bank.

GMR Infra rallied 2 per cent after reports that Malaysia Airports will buy 40 per cent stake in Istanbul Airport from GMR Infrastructure.

Ultratech Cement also had a spectacular rally gaining after the CCI approved its buyout of 1.73 per cent in the company.

Meanwhile, Asian markets ended the day higher led by gains in the Hang Sang and the Australian All Ordinaries.

GoodReturns.in

Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
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