Market Commentary

Sensex closes down 91.37 points at 19659.82 - Microsec



Posted On : 2013-02-05 20:00:23( TIMEZONE : IST )

Sensex closes down 91.37 points at 19659.82 - Microsec

Disappointing corporate results, poor global cues and weak domestic economic situation kept investors in the sidelines once again, leading to a very sluggish Tuesday.

Nifty closed at 5956.90 down by 30.35points or 0.51% over the previous day closing of 5987.25 after witnessing a low of 5946.90 and a high of 5970.35. Sensex closed at 19659.82 down by 91.37points or 0.46% over the previous day closing of 19751.19. It touched an intraday low of 19631.97 and high of 19717.26.

The markets' breadth was negative. Out of 2953 stocks traded, 819 stocks advanced, 1417 stocks declined and 717 stocks remained unchanged. In Sensex, Out of 30 stocks 11 stocks advanced and 19 stocks declined.

Among the sectors, BSE Consumer Durables, BSE FMCG and BSE Power were the main losers of the day, which decreased by 1.57%, 1.03% and 0.75% respectively.

In BSE Consumer Durables sector Bajaj Electr, Titan Inds, and VIP Inds decreased by 3.09%,2.63% and 1.94% respectively. In BSE FMCG sector Jubilant Food, Tata Global and ITC declined by 8.24pcent,2.48% and 1.58% respectively. In BSE Power sector BHEL, Lanco Infra and Tata Power decreased by 3.19%, 2.04% and 1.50% respectively.

Source : Equity Bulls

Keywords