Thursday 19 February 2015

Sensex, Nifty slips into red

CNX PSU Bank, FMCG and Energy indices are the major losers. 















The market has shaved-off all its gains on the back of fresh selling in select sectors.

The NSE Nifty has dropped 51 points from the day's high to touch a low at 8,852. The Nifty is now down 20 points at 8,849.

The BSE Sensex has tumbled 176 points from the day's high. The BSE index is now down 99 points at 29,221.

The CNX PSU Bank is the top loser - down 1.2 per cent. The Bank Nifty has slipped nearly a per cent.

The CNX FMCG and the CNX Energy indices have dropped 0.7 per cent each. The CNX Auto and the CNX Infra indices are trading on a soft note.

Whereas, the CNX Metal index is the top gainer - up nearly a per cent.

Among Nifty-50 stocks, Ambuja Cement is the top loser - 1.8 per cent at Rs. 265. The company posted mere four per cent growth in Q3 net profit for the quarter ended December 2014.

UltraTech Cement has tumbled 1.7 per cent at Rs. 3,058. Cairn India and ACC have dropped 1.5  per cent each at Rs. 255 and Rs. 1,629, respectively. Bank of Baroda has slipped 1.3 per cent at Rs. 181.

On the other hand, Tata Steel is the top gainer - up 2.2 per cent at Rs. 376. Asian Paints has surged 1.7 per cent at Rs. 835.

Infosys and Cipla have advanced 1.4 per cent at Rs. 2,328 and Rs. 687, respectively. Sesa Sterlite and BPCL have added 1.3 per cent at Rs. 208 and Rs. 739, respectively.

Maruti Suzuki, Larsen & Toubro, Hindalco, Jindal Steel and HeroMoto Corp are some of the other prominent gainers. 

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