Halting its four-day gaining streak, equity market ended in the negative territory on Friday amid worries over economic damage from the coronavirus outbreak and profit-booking in some of the recent out performers.
The S&P BSE Sensex today slipped 164 points or 0.4 per cent to settle at 41,142, with NTPC (up over 3 per cent) being the top gainer and IndusInd Bank (down nearly 3 per cent) the biggest loser. Reliance Industries (RIL), HDFC, ICICI Bank and L&T contributed the most to the index’s losses. The NSE’s Nifty50 index ended at 12,086, down 51.55 points or 0.42 per cent. On a weekly basis, both Sensex and Nifty gained nearly 4 per cent each. Sectorally, realty stocks bled the most while media and pharma counters advanced the most. The Nifty Realty index fell around 2 per cent to Rs 320.55. On the other hand, Nifty Media climbed nearly 2 per cent to 1,823 points and the Nifty Pharma settled over 1 per cent higher at 8,335-mark.In the broader market, the Nifty Midcap 100 index rose 0.57 per cent to 18,350 points while the Nifty Small Cap 100 ended flat at 6,236 levels, down 0.07 per cent.
The S&P BSE Sensex today slipped 164 points or 0.4 per cent to settle at 41,142, with NTPC (up over 3 per cent) being the top gainer and IndusInd Bank (down nearly 3 per cent) the biggest loser. Reliance Industries (RIL), HDFC, ICICI Bank and L&T contributed the most to the index’s losses. The NSE’s Nifty50 index ended at 12,086, down 51.55 points or 0.42 per cent. On a weekly basis, both Sensex and Nifty gained nearly 4 per cent each. Sectorally, realty stocks bled the most while media and pharma counters advanced the most. The Nifty Realty index fell around 2 per cent to Rs 320.55. On the other hand, Nifty Media climbed nearly 2 per cent to 1,823 points and the Nifty Pharma settled over 1 per cent higher at 8,335-mark.In the broader market, the Nifty Midcap 100 index rose 0.57 per cent to 18,350 points while the Nifty Small Cap 100 ended flat at 6,236 levels, down 0.07 per cent.
Nifty50 closed lower at 12098.355 level,-39.60 points, or -0.33 per cent. Nifty Support : 12040 and 12000 Resistance : 12150 and 12200.
