The BSE Sensex ended 281 points lower at 33,033.56, while the NSE Nifty went down by 96.80 points at 10,225.00, driven by the Reliance, HDFC, ICICI Bank and L&T while M&M stock closed with gains of over 1 percent. The Sensex hit its lowest level in more than two weeks, while the Nifty hit its lowest level in almost 3 weeks. In the broader market, the BSE Mid-Cap index fell 0.19% and Small-Cap declined 0.41%.
TCS and M&M were the top gainers on both indices, while Adani Ports, ONGC and Aurobindo lost the most on both indices. In IT, Auto, and Bank stocks buying pressure picked up; while Energy, Telecom, Industrials, Consumer Durables, Metal, Oil and Gas sectors showed weakness on the BSE.
Out of 1,986 stocks traded on the NSE, there were 736 advances, against 924 declines, and 326 stocks remained unchanged. A total of 65 stocks clocked a fresh 52-week high, while 26 stocks touched a new 52-week low on the NSE.
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BUY POLARIS ABOVE 330.0 TARGETS 303,306,309 STOPLOSS 324
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