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Mumbai, Aug 24 () Snapping a four-session winning streak, NSE benchmark Nifty dropped 25 points to end at 11,557.10 today on profit-booking in banking, auto, FMCG, IT and realty stocks amid mixed overseas cues. Metal, energy and media counters witnessed buying.
Mumbai, Aug 24 () Snapping a four-session winning streak, NSE benchmark Nifty dropped 25 points to end at 11,557.10 today on profit-booking in banking, auto, FMCG, IT and realty stocks amid mixed overseas cues.
Metal, energy and media counters witnessed buying.
The Indian rupee along with other Asian currencies weakened against the US dollar. How Much Is 25 Lakhs In Us Dollars
Meanwhile, FIIs purchased shares worth Rs 433.21 crore on a net basis yesterday while DIIs bought shares worth Rs 142 crore.
Asian stocks ended mixed on little sign of progress in US-China trade negotiations. European stocks edged higher.
The Nifty 50 index fell 25.65 points or 0.22 per cent to end at 11, 557.10. It saw an intra-day movement of about 72.60 points. How Much Is 25 Lakhs In Us Dollars
On the sectoral front, private bank fell by 0.74 per cent followed by PSU bank 0.73 per cent, bank 0.69 per cent, FMCG 0.66 per cent, auto 0.52 per cent, IT 0.40 per cent, finance service 0.29 per cent, private bank fell by 0.74 per cent followed by PSU bank 0.73 per cent How Much Is 25 Lakhs In Us Dollars , realty 0.18 per cent and pharma 0.16 per cent.
However, metal rose by 1.88 per cent, energy 0.48 per cent and media 0.16 per cent.
Major index gainers were Vedanta, ONGC, Grasim, Axis Bank, Zee, Bajaj Finance, Eicher Motors, IOC and Hindalco.
Losers were Yes Bank, Titan, Adani Ports, Hero MotoCo, ICICI Bank, Sun Pharma, Infosys, Tech Mahindra, GAIL and IndusInd Bank.
The market breadth, indicating its overall health, remained in favour of losers. On the NSE, 717 stocks advanced, 1,091 declined and 94 remained unchanged. Total securities that have hit their price bands were 232.
Turnover in the cash segment fell to Rs 33,765.97 crore from Rs 37,665.04 crore as on Thursday.
A total of 14,852.09 lakh shares changed hands in 1,10,74,358 trades. The market capitalisation of listed firms on NSE stood at Rs 1,54,98,405.75 crore. ARR ABM
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