BSE Sensex fell 112.16 points or 0.19% at 60,433.45; NSE Nifty fell 24.30 points or 0.13% to 18,044.25
Equity benchmark Sensex fell 112 points on November 9, led by profit-booking in index-heavyweights HDFC twins, Kotak Bank and Bajaj Finance, despite a positive trend in global markets.
After a volatile trading session, the 30-share index ended 112.16 points or 0.19% lower at 60,433.45, with 16 of its constituents ending in the red.
The National Stock Exchange’s Nifty fell 24.30 points, or 0.13%, to 18,044.25, led by losses in private banks and FMCG stocks.
HDFC Bank was the top loser in the Sensex pack, falling nearly 2%, followed by HDFC, Bajaj Finance, NTPC, Maruti, Kotak Bank and PowerGrid.
On the other hand, gains in Mahindra & Mahindra, SBI, Reliance Industries and ICICI Bank helped limit losses.
Vinod Nair, Head of Research, Geojit Financial Services, said, “After a positive opening, the domestic market declined as private banking stocks were under pressure due to sluggish global markets.”
Despite the passage of the long-awaited infrastructure bill, gains in the US market were limited as investors cautiously waited for US inflation data, he said.
Sectorally, BSE Metal, Finance, Consumer Durables, Bankex and FMCG indices fell up to 0.91%, while Industrial, Capital Goods, Auto and Oil & Gas indices rose up to 1.39%.
Broad midcap and smallcap indices rose up to 0.82%.
Deepak Jasani, Head of Retail Research, HDFC Securities said, “On days when volumes on the NSE were slightly below the recent average, capital goods, auto and oil and gas indices were the biggest gainers, while metals, banks and FMCG indices fell. Went. To all.
“Buoyed by a $1 trillion US infrastructure bill, global stock markets held close to their all-time highs on Tuesday, but investors were reluctant to extend further into the rally before getting a clearer picture of the rise in US inflation.”
Elsewhere in Asia, shares in Shanghai, Hong Kong and Seoul ended on a positive note, while Tokyo was in the red.
Europe’s major indices were also trading with gains in mid-session deals.
Meanwhile, international oil benchmark Brent crude rose 0.91% to $84.19 a barrel.
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