Mkts break three day winning streak

Mumbai: The markets were trading weak throughout the day but selling pressure increased during the last half an hour of trade.

After three consecutive days of positive close the Sensex closed with a loss of 175 points and the Nifty was down by 56 points.

The Sensex closed at 9,822.52 down 175 points.

The Nifty closed at 2861 down 56 points.

But the BSE Midcap and the BSE SmallCap closed in the positive terrain.

The BSE Small Cap Index closed at 5,113.66, up 104.19 points.

The BSE Midcap Index ended at 4,211.69, up 28.05 points.

The market breadth was positive, about 1469 shares have advanced, 856 shares declined, and 60 shares are unchanged.

The major losers on the indices were HDFC, L&T, HDFC Bank, Bajaj Auto, PNB, SAIL and BHEL.

The BSE Capital Goods Index dropped 2.38 per cent at 6484.73. L&T, Gammon India, BHEL, Alstom Projects and Crompton Greave closed low.

The Bankex fell 2.36 per cent at 4266.4. PNB, IOB, HDFC Bank, UTI Bank and SBI witnessed selling pressure.

The BSE Auto Index tumbled 1.75 per cent at 4496.35. Bharat Forge, M&M, Bajaj Auto, Sundram and Exide Industries sank.

The BSE IT Index was down 1.74 per cent at 3408.75. Mphasis BFL, TCS, Wipro, Satyam and Infosys closed in negative terrain.

The BSE FMCG Index lost 1.48 per cent at 1792.91. Dabur India, Nestle, HLL, Colgate and ITC moved down.

The BSE Metal Index was down 1.33 per cent at 7602.86. JindalStainless, SAIL, Sesa Goa, Jindal Steel and Hindalco plummet.

The BSE Oil and Gas Index was down by 0.66 per cent at 4748.02. GAIL, HPCL, Reliance and BPCL plunged.

The BSE Health Care Index slipped 0.55 per cent at 3073.44. Wyeth, Matrix Lab, Cipla, Sun Pharma and Nicholas Piramal closed in the red.

The BSE Consumer Durables Index was down by 0.13 per cent at 2701.58. Whirlpool, Titan Industries, Samtel Color and BPL slipped.

The NSE cash turnover was at Rs 6320.26 crore and the NSE F&O turnover was at Rs 23011.22 crore.

The BSE cash turnover was Rs 3195.16 crore. Total market wide turnover was at Rs 32526.64 crore versus Rs 27988.36 on Monday.