The stock market in India lost further ground on Tuesday as the NSE Nifty once again failed to close above the 6200 mark. Indices ended in the red for second consecutive trading session as selling pressure in banking, realty, power, telecom and IT stocks dragged the indices lower.
Bucking the negative trend were the capital goods, pharma and the healthcare stocks. Even the small-cap stocks were in marginally in demand.
The Indian rupee was trading slightly weak against the US Dollar around 62.50. The domestic unit had ended weak by 17 paise at 62.33 on Monday.
Finally, BSE Sensex closed at 20,693 down 94 points, while NSE Nifty closed at 6,162 down 29 points over the previous close.
Bucking the negative trend were the capital goods, pharma and the healthcare stocks. Even the small-cap stocks were in marginally in demand.
The Indian rupee was trading slightly weak against the US Dollar around 62.50. The domestic unit had ended weak by 17 paise at 62.33 on Monday.
Finally, BSE Sensex closed at 20,693 down 94 points, while NSE Nifty closed at 6,162 down 29 points over the previous close.
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