Nifty ends in red; oil&gas, pharma, realty slip

[REDBULL RESEARCH]

MUMBAI: Indian markets ended in the red buy off lows as investors
remained on the sidelines on concerns of slow-down in economic growth.
Gains in technology and FMCG space were offset by losses in oil&gas,
healthcare and realty space.

National Stock Exchange's Nifty ended at 5422, down 16.95 points or
0.31 per cent. The broader index touched a high of 5460.50 and low of
5401.25 in trade today.

Bombay Stock Exchange's Sensex closed at 18086.63, down 50.72 points
or 0.28 per cent. The 30-share index hit a high of 18218.20 and low of
18020.79 intraday.

BSE Midcap Index was down 0.62 per cent and BSE Smallcap Index moved
0.76 per cent lower.

Amongst the sectoral indices, BSE Oil&gas Index was down 1.87 per
cent, BSE Healthcare Index declined 1.30 per cent and BSE Realty Index
moved 1.14 per cent lower. BSE IT Index gained 0.27 per cent and BSE
FMCG Index was up 0.15 per cent.

Reliance Infrastructure (-4.23%), Tata Motors (-3.44%), BPCL (-3.25%),
Reliance Communications (-3.20%), SBI (-2.56%) and Reliance Industries
(-2.11%) were the major Nifty losers.

HDFC (2.12%), Wipro (1.71%), Hero Honda (1.68%), Maruti (1.65%) and
Cairn India (1.61%) were the major gainers.

Market breadth was negative on the NSE with 1761 gainers against 1070
losers.

Source : Economic Times