Sensex, Nifty pare gains due to Profit Booking

Sensex, Nifty pare gains due to Profit BookingThe domestic bourses ended the highly volatile session on Thursday, marginally lower ahead of profit booking, compared to previous close of 15466 pts.

The BSE Sensex today closed the session at 15,411.47, down 55.34 points while, NSE Nifty settled down by 17.55 points at 4,637.70. The BSE Sensex touched intraday high of 15,568.74 and intraday low of 15,240.73.

Further, BSE Mid Caps and Small Caps Indices also settled the day with losses of 11.92 and 55.98 points at 5,347.58 and 6,150.44 respectively.
 
The market opened on Thursday on a positive note but it soon slipped lower ahead of profit taking by investors after yesterday's rally. However, positive European markets contributed a bit to the recovery to indices, but stocks failed to hold the momentum and again slipped into negative territory to end the day with losses.

On the sectoral front, most of the selling was observed in IT, PSU, Oil & Gas, Capital Goods, Power and Consumer Durables stocks, while Metal, Auto and FMCG stocks have witnessed most of buying from their baskets.
 
Losers from the BSE Sensex pack were ONGC Ltd (4.01%), JP Associates (3.96%), ACC Ltd (3.84%), BHEL (3.46%), SBI (3.44%), Infosys Tech (2.87%), Wipro Ltd (2.18%), Reliance Infra (2.10%), Tata Power (1.74%), HUL (1.68%) and Maruti Suzuki (1.33%).
 
Gainers from the BSE Sensex pack were Hindalco (7.92%), M&M Ltd (6.18%), Sterlite Industries (5.82%), HDFC Bank (3.85%), Tata Steel (2.90%), NTPC Ltd (2.62%), Tata Motors (2.49%) and Bharti Airtel (2.34%).
 
India's wholesale price index slipped to a three-decade low to 0.13% for the week ended May 30 2009, as compared to the 0.48% of the previous week.