Tuesday, 5 May 2015

Market Update : BSE Sensex Closes 64 Points Down update for 05 May 2015

The Indian markets had a rather volatile trading session today. While the morning session saw the indices struggling to stay afloat, the afternoon session was marked by persistent selling pressure that kept the indices in the red. The BSE-Sensex closed lower by about 50 points, while the NSE-Nifty ended lower by about 7 points. Losses were largely seen in banking and auto stocks. The S&P BSE Midcap index and the S&P BSE Smallcap index bucked the trend and closed higher by 0.6% and 0.1% respectively. 


Asian stocks ended the day on a mixed note, while stocks in Europe were also trading mixed. The rupee was trading at Rs 63.43 to the dollar at the time of writing.

Auto stocks closed mixed today. While Tata Motors and Maruti Suzuki found favour, Hero Motocorp and TVS Motors closed into the red.

Pharma stocks also closed mixed today. While Sun Pharma and Aurobindo Pharma found favour, Glenmark and Cipla closed weak.

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