Monday, April 22, 2019

MARKET SUMMARY OF 22 APR 2019

Market close: Indian indices ended at day's low as selling pressure dragged Nifty below 11,600, while Sensex also fell nearly 500 points. At close, the Sensex was down 495points at 38,645, while Nifty was down 158 points at 11,594. About 747 shares have advanced, 1751 shares declined, and 166 shares are unchanged. Indiabulls Housing, Yes Bank, BPCL, IndusInd Bank and IOC were top losers on the Nifty, while gainers were Bharti Airtel, Wipro, TCS, Tech Mahindra and Infosys.Among the sectors except IT all other indices ended in red led by energy, bank, auto, metal, pharma, infra and FMCG. Dewan Housing Finance Corporation shares plunged 11 per cent to end the day at Rs 140, extending its Thursday’s 8 per cent decline after rating agency CRISIL downgraded credit rating of the company's commercial paper and continued on watch negative.  Shares of state-owned oil marketing companies such as Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation and Indian Oil Corporation dipped almost 6 per cent after a steep rise in the crude oil prices.

No comments:

Post a Comment