Markets end in negative, realty gains
On Friday, Indian markets ended in the red. This happened because of the weakness in the overseas markets which was triggered by the rise in US jobless claims.
Losses happened in the FMCG, IT, telecom, entertainment and banking sectors. These are the sectors that faced the heaviest selling and weakness.
Metals and auto were the other sectors that suffered.
Realty stocks, however, did well. Besides this, capital goods, oil and gas also remained steady.
Benchmark Sensex was down 96.14 points or 0.37 per cent to end at 18,385.80. But the BSE-30 index went to high of 18,464.14 and low of 18,360.90 during the session.
Nifty followed suit and was done 12 points to end at 5528.20 or 0.22 per cent down. The National Stock Exchange benchmark saw a high of 5546.60 versus a low of 5513.35. The index saw a flat intraday trade.
The biggest gainers on BSE were comprised DLF (3.52%), L&T (2.86%), Cipla (1.85%), RIL (0.86%), Hero Honda (0.82%), Jindal Steel (0.81%), Mahindra & Mahindra (0.65%), Reliance Infra (0.60%), HDFC Bank (0.42%) and Jaiprakash Associates (0.04%).
The losers consisted on Tata Motors, ICICI Bank, ITC and HUL.