MUMBAI (Commodity Online): Indian stock markets witnessed sharp fall on the back of profit booking a day ahead of the F&O expiry. Barring IT stocks all sectors were on bears radar but realty, consumer durables, metal and banking stocks were worst hit.
The S&P CNX Nifty today opened at 5610and after making high of 5630 straight fall was seen in nifty which was further intensified in noon session and Nifty touched the low of 5491 . Nifty settled at 5505 down by 102 points.
The European markets are trading weak. The FTSE index is down by 22 points, DAX index is down by 54 points and CAC index is down by 14 points.
The market breadth, indicating the health of the market was highly negative. On NSE, 226 shares advanced while 1267 shares declined. Total of 31 shares remained unchanged.
Out of 50-share S&P CNX Nifty pack, 7 scrips advanced while 43 scrips declined. Sun Phamra was up by 1.1%, ITC was up by 0.77% and TCS was up by 0.74% were the top gainers from the Nifty pack.
Rcom was down by 9.51%, SBI was down by 8.13% and DLF was down by 6.97% were the top losers from the Nifty pack.
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