News Details

( 14 Mar 2018)
Post Session: Sensex end marginally lower, Nifty at 10410; YES Bank up 2%

The Indian equities ended tad lower on Wednesday, tracking weak cues from Asian peers, as investor sentiment were dented after the US President Donald Trump fired Secretary of State Rex Tillerson amid public rifts over policy on North Korea. State-run banks were trading lower after the Reserve Bank scrapped issuance of letters of undertaking (LoUs) and letters of comfort (LoCs) for importers with immediate effect. The Market breadth, indicating the overall strength of the market, was flat. On BSE out of total shares traded 2997, shares advanced were 1401, while 1419 shares declined and 177 were unchanged. Among the thirteen sectoral indices, oil&gas and realty stocks emerged as top losers on BSE, falling as much as 0.94 per cent and 0.52 per cent, respectively. Among the individual stocks, YES Bank rose nearly 2 per cent on the Bombay Stock Exchange after the private lender said it has acquired more than 17 per cent share in Fortis Healthcare.

The 30-share benchmark index closed at 33835.74, down by 21.04 points or by 0.06 per cent and the, NSE Nifty ended at 10410.9, down by 15.95 points or by 0.15 per cent.

Bucking the trend, the broader markets ended higher for the second straight session, with MIDCAP and SMLCAP indices rising as much as 0.28 per cent and 0.06 per cent, respectively.

During the day’s trade, the Sensex touched intraday high of 33875.15 and intraday low of 33580.69, while the NSE Nifty touched intraday high of 10420.35 and intraday low of 10336.3.

The top losers of the BSE Sensex pack were Hero MotoCorp Ltd. (Rs. 3635.45,-1.78%), Oil And Natural Gas Corporation Ltd. (Rs. 180.60,-1.53%), Tata Steel Ltd. (Rs. 620.45,-1.25%), Housing Development Finance Corporation Ltd. (Rs. 1846.30,-0.91%), Bajaj Auto Ltd. (Rs. 2948.85,-0.85%), among others.

On the flip side, YES Bank Ltd. (Rs. 318.90,+1.85%), Maruti Suzuki India Ltd. (Rs. 8839.85,+0.99%), Axis Bank Ltd. (Rs. 535.85,+0.95%), State Bank of India (Rs. 257.00,+0.82%), ICICI Bank Ltd. (Rs. 306.35,+0.77%), were among top gainers on BSE.