Realty, oil & gas stocks pull Sensex down 45 points

Our Bureau Mumbai | Updated on September 03, 2012

Markets on Monday ended the day down marginally ignoring the GAAR recommendations which were meant to boost investor sentiments. The BSE Sensex ended the day down 45 points (0.2 per cent) at 17384, while NSE Nifty closed the day down 5 points (0.09 per cent) at 5253.

“Parliament session remained disrupted for ninth consecutive day, along with weaker manufacturing data released which shows the numbers at nine-month low levels underpinned the bearish sentiment. European markets had opened weak but recovered later on hopes of easing interest rates after weaker China data was released. Market breadth was positive and volumes were lower than the previous session,” said Nidhi Sarswat, Senior Research Analyst, Bonanza Portfolio.

Stocks of the capital goods, consumer durables and auto sector were down on the BSE, while those of the realty, oil&gas and banking sector were down about one per cent.

Among the Sensex stocks, the top five gainers were Bajaj Auto, Maruti, Cipla, NTPC and BHEL. The top five laggards were Jindal Steel, Tata Power, Tata Steel, GAIL and Tata Motors.

The rupee ended the day flat at Rs 55.53 to the dollar.

Published on September 03, 2012

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