Comments
The BSE Sensex and NSE Nifty ended the day down 48 points and 10 points, respectively as there were concerns about delays on Greece’s second bailout package. Sensex closed at 18,153, while the Nifty closed at 5,521.
The Indian markets were rangebound in Thursday’s trading session after the strong rallies in the previous session.
There were also negative sentiments in the Asian markets as China’s foreign direct investment (FDI) fell for the third month in January. Asian markets were down by nearly 0.40 per cent.
Owing to the Greece woes, European markets were also down by nearly 1 per cent.
“Pockets have done well today. Real estate, shipping, hotel and retail stocks have done well. The liquidity injected by the FIIs into the markets is somewhat negating global concerns,” said Ms Madhumita Ghosh, Head of Research, Unicon Financial Intermediaries.
The top gainers on the BSE were Jindal Steel, Hero MotoCorp and SBI while Coal India, Hindalco and Sterlite Industries were the top losers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.