After a very volatile day, the market ended with marginal
losses. The Sensex was down 55.08 points at 26468.01 and the Nifty slipped
28.10 points at 8016.05. About 948 shares advanced, 1578 shares declined, and
162 shares were unchanged. Key benchmark indices continued to see divergent
trend in mid-afternoon trade. The barometer index, the S&P BSE Sensex, was
trading with small gains. The 50-unit CNX Nifty languished in negative zone.
The market breadth indicating the overall health of the market was weak. The
Sensex was currently up 11.40 points or 0.04% at 26,534.49.
The Nifty was currently off 22.45 points or 0.28% at
8,021.70. The losses for Nifty versus gains for the Sensex were because Nifty
constituents which are not a part of the Sensex viz. Cairn India, Tech
Mahindra, Bosch, Bank of Baroda, Punjab National Bank, Kotak Mahindra Bank, Zee
Entertainment Enterprises, HCL Technologies and Asian Paints edged lower. The
CNX Nifty was down 22.45 points or 0.28% at 8,021.70. The index hit a low of
8,007.55 in intraday trade, its lowest level since 7 May 2015. The index hit a
high of 8,057.15 in intraday trade.
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