Markets end weak: PSU bank stocks slip
Markets end weak: PSU bank stocks slip
The markets opened the day in positive terrain and moved higher but slipped as profit booking set in.

Mumbai: It was the second day when markets were trying to sustain above some important levels but failed in its attempt to do so.

The markets opened the day in positive terrain and moved higher but slipped again as profit booking set in at the higher level.

The Sensex closed at 10,866.51 down 56.65 points. The Nifty lost 13 points to close at 3177.

The BSE Small Cap Index closed at 5,216.87, down 22 points.

The BSE Midcap Index ended at 4,359.42, down 14.55 points.

Most of the BSE sectoral indices closed in red with Oil and Gas, FMCG and Bank being among the top laggards.

The BSE Oil and Gas Index closed down 1.69 per cent at 4,996.19. Petronet LNG, HPCL, Reliance, IOC and GAIL were among the losers.

The BSE Consumer Durables Index lost 1.6 per cent at 2,726.94. BPL, Blue Star and Titan Industries lost ground.

The BSE FMCG Index was down 1.6 per cent at 1,857.33. P & G, Tata Tea, ITC, HLL and Colgate closed in red.

The BSE Bankex was down 1.5 per cent at 4,773.04. PNB, Allahabad Bank, IOB, Bank of India and Union Bank were among the losers.

The BSE Metal Index flat at 7,853.75. JindalStainless, SAIL, Guj NRE Coke and Tata Steel witnessed moderate buying.

The Auto index closed at 4,564.57 down 0.2 per cent. Hero Honda, Ashok Leyland, Escorts, Cummins and Tube Investment closed lower.

The BSE IT Index was up 0.2 per cent at 4,010.83. HCL Tech, TCS, Infosys and Patni Computer moved up.

The BSE Capital Goods Index was down 0.5 per cent at 7,151.33. Gammon India, Alfa Laval, SKF India, Alstom Projects and Bharat Elec closed lower.

The BSE Health care index closed up 0.5 per cent at 3,256.26. Sterling Bio, Cadila Health, Nicholas Piramal and Wyeth closed in the positive terrain.

The NSE cash turnover was at Rs 5531.27 crore and the NSE F&O turnover was at Rs 21406.45 crore. The BSE cash turnover was Rs 2541 crore.

Total market wide turnover was at Rs 29478.72 crore.

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