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Monday 5 March 2018

Closing Update- Sensex Nifty lower on Weak Asian cues, Tomorrow Stock Tips

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BSE Sensex ended lower by 300.16 points to 33,746.78, while the NSE Nifty-50 fell 99.50 points to close at 10,358.85 hit by continued selling in metal, FMCG and auto stocks, amid weak Asian cues.  

BSE MidCap declined 0.95 SmallCap fell 1.09% each. Most of the sectoral indices on BSE ended lower with metal stocks shedding most at 3.30% followed by energy 2.16% and basis materials 2.14%. Auto stocks, oil and gas and capital goods stocks were other major losers on the BSE. 

Metal stocks such as NMDC, NALCO, Hindalco, Jindal Steel & Power and JSW Steel plunged the most. Nifty Metal index closed the day falling over 3%, with all components in the red.  

Shares of Tech Mahindra, Sun Pharma, TCS, Mahindra & Mahindra, UPL, State Bank of India, Kotak Mahindra Bank and NTPC remained the gainers of the day in the Nifty50.  

On the other hand, Tata Motors, Hindalco Industries, Aurobindo Pharma, Tata Steel, Ambuja Cements, HPCL and Reliance Industries stood among the top losers of the day. 

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