Indian Stocks closed in red for seventh consecutive session - Microsec

Despite starting the week on a high note, equity benchmarks closed in the red for the seventh consecutive session after the country's political crisis deepened towards the close of the trading day.

Nifty closed at 5633.85 down by 17.50points or 0.31% over the previous day closing of 5651.35 after witnessing a low of 5624.40 and a high of 5718.40. Sensex closed at 18681.42 down by 54.18 points or 0.29% over the previous day closing of 18735.60.It touched an intraday low of 18654.61 and high of 18950.22.

The markets' breadth was negative. Out of 3034 stocks traded 1028 stocks advanced, 1884 stocks declined and 122 stocks remained unchanged. In Sensex, Out of 30 stocks 09 stocks advanced 20 stocks declined and 01 stock remain unchanged.

Among the sectors, BSE Capital Goods ,BSE Auto and BSE Metal were the main losers of the day, which decreased by 1.44%, 0.78% and 0.71% respectively. In BSE Capital Goods sector BEML, AIL and ABB decreased by 3.91%,3.74% and 2.99% respectively. In BSE Auto sector Heromotocorp, Ashok Leyland and Bharat Forge declined by 2.42%,1.96% and 1.64% respectively. In BSE Metal sector Tata Steel, Hindalco and JSW steel decreased by 2.28%, 1.84% and 1.60% respectively.

Source : Equity Bulls

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