Sensex Ends Lower on Profit Booking; DLF Rallies

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The Sensex ended the day lower led by losses in frontline stocks and profit booking at lower levels. The Sensex ended the day lower by 47 points, while the Nifty closed the day with losses of 1 point.

Sensex Ends Lower on Profit Booking; DLF Rallies
Leading the set of losers from the Nifty were oil and gas stocks like Cairn India and Gail.

Shares in United Bank surged after the company reported profits. Other PSU banks, however, saw some selling pressure with notable losers being Syndicate Bank, Indian Overseas Bank and Punjab National Bank.

The star in trade was DLF which ended the day higher by a huge 5 per cent. Other notable gainers were Dr Reddy's and Zee Entertainment.

Select Mid cap stocks also did not have a good day in trade with Reliance Capital, GMR Infra and Voltas among the losers.

Havells India ended the day marginally lower after reports of the demise of its Chairman.

Meanwhile, European markets continued to gain ground with the German DAX and the French CAC marginally higher.

Read more about: sensex, nifty
Story first published: Friday, November 7, 2014, 15:34 [IST]
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