Domestic bourses ended Thursday's trade, the last day of the futures and options contracts (F&O) for the July series, in the red, mainly due to selling in the financial counters. The sell-off was largely in tandem with global markets, as a dovish stance by the US Federal Reserve failed to assuage investor concerns over mounting COVID-19 cases and faltering growth.
Among individual stocks, HDFC ended nearly 4 per cent lower at Rs 1,811 on the BSE after the company reported a standalone net profit of Rs 3,051.52 crore for June quarter of FY21 (Q1FY21), clocking a 4.7 per cent year-on-year (YoY) de-growth from Rs 3,203.1 crore-profit reported in Q1FY20.
The 30-share benchmark index ended at 37736.07 down by -335.06 points or by -0.88 % and then NSE Nifty was at 11102.15 down by -100.7 points or by -0.9 %.
Sensex touched intraday high of 38413.81 and intraday low of 37678.42 The NSE Nifty touched intraday high of 11299.95 and intraday low of 11084.95
The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 509.95,+3.44%), Maruti Suzuki India Ltd. (Rs. 6265.65,+1.29%), Infosys Ltd. (Rs. 961.85,+0.84%), Reliance Industries Ltd. (Rs. 2108.65,+0.61%), HCL Technologies Ltd. (Rs. 696.00,+0.30%), among others.
The top losers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 519.85,-5.62%), Housing Development Finance Corporation Ltd. (Rs. 1811.00,-3.64%), Axis Bank Ltd. (Rs. 425.80,-3.41%), Power Grid Corporation of India Ltd. (Rs. 177.00,-2.64%), State Bank of India (Rs. 186.55,-2.43%), among others.
IT index was at 16465.01 up by 84.67 points or by 0.52%. Zensar Technologies Ltd. (Rs. 168.70,+6.23%), Mastek Ltd. (Rs. 523.20,+5.11%), Majesco Ltd. (Rs. 564.30,+5.00%), Tanla Solutions Ltd. (Rs. 114.35,+4.96%), Subex Ltd. (Rs. 8.97,+4.91%),.
PSU index was at 4906.27 down by -130.11 points or by -2.58%. Bharat Petroleum Corporation Ltd. (Rs. 419.10,-7.63%), Garden Reach Shipbuilders & Engineers Ltd. (Rs. 195.05,-4.34%), Indian Oil Corporation Ltd. (Rs. 88.55,-4.32%), Bharat Heavy Electricals Ltd. (Rs. 36.80,-4.29%), Shipping Corporation of India Ltd. (Rs. 54.55,-4.21%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3045 , shares advanced were 1179 while 1674 shares declined and 192 were unchanged.