Domestic shares fell as much as 0.4 percent on Friday and
We’re headed for their first weekly fall in six as investors
Booked profits after a rally that lifted the benchmark indexes
To near two-year highs in the previous session. The fall in Indian
Stocks were in line with their Asian peers as expectations of a US
Interest rate hike weighed on sentiment. The 30-share BSE
Index Sensex was down 43.04 points or 0.15 per cent at
28,796.75 and the 50-share NSE index Nifty was down 21.1
Points or 0.24 percent at 8,878.65.
Both indexes touched their highest since March 2015 in the
Previous session. They were set to snap a five-week gaining
Streak, with NSE down 0.7 percent for the week and BSE loses
0.4 percent. Among BSE sectoral indices, FMCG index fell the
Most by 0.51 per cent, auto 0.34 per cent, banking 0.19 percent and PSU 0.12 per cent. On the other hand, realty index
was up 0.81 per cent, oil & gas 0.7 per cent, Teck 0.5 percent
and health care 0.45 percent.
Top five Sensex gainers were GAIL (+3.2%), Reliance (+2.12%),
Sun Pharma (+1.31%), Axis Bank (+1.18%) and Wipro (+0.87%),
while the major losers were HDFC (-1.67%), Asian Paints (-
1.39%), ITC (-1.29%), ICICI Bank (-0.74%) and SBI (-0.71%).
Some caution can also be expected ahead of the state election
results, he said. Results of five state elections, including the
key state of Uttar Pradesh, are expected at the end of next week.
Financials were down, with the Nifty Financial Services index
falling as much as 1 percent. Bajaj Finserv and Housing
Development Finance Corp fell more than 2 percent.
EXCHANGE ADVANCE DECLINE UNCHG. T/O
NSE 820 661 69 27512.63