Top 5 stocks of the day: Adani Enterprises, Axis Bank, Hindalco Industries, JSW Steel and TCS were among the top losers on the Nifty, while gainers were Tech Mahindra, Infosys, HCL Technologies, Wipro and Hero MotoCorp.
Among sectors, except IT, power and PSU bank, all other sectoral indices ended in the red. BSE midcap and smallcap indices ended on flat note.
Top 5 stocks of the day: Other gainers and losers in closing trade
Just Dial | 644.30 | +58.55(10.00) |
ADANIGREEN | 2089.80 | +174.15(9.09) |
UCO Bank | 32.55 | +2.50(8.32) |
Indian Overseas Bank | 32.20 | +2.15(7.15) |
Triveni Turbine | 292.95 | +18.40(6.70) |
Nupur Recyclers | 139.35 | -7.50(-5.11) |
Future Lifestyle Fashions Ltd | 7.55 | -0.40(-5.03) |
Future Retail | 3.90 | -0.20(-4.88) |
Avenue Supermarts | 3678.35 | -185.35(-4.80) |
Godfrey Phillips India | 1948.05 | -92.00(-4.51) |
Sensex and NSE Nifty50
At Close, the Sensex was down 168.21 points or 0.28% at 60,092.97, and the Nifty was down 61.80 points or 0.34% at 17,894.80. About 1658 shares have advanced, 1844 shares declined, and 169 shares are unchanged.
Indian shares reversed gains on Monday on volatility due to extended foreign investor selling and higher oil prices, which offset better-than-expected earnings from the country’s largest private lender HDFC Bank.
Head of Technical Research, Sharekhan by BNP Paribas
The Nifty has been witnessing short term consolidation for the last few weeks. In terms of the price patterns, it has formed a triangle on the daily chart. Towards the end of the last week, the Nifty had formed a base near the lower end of the pattern.
Consequently, the index took a leap on the upside & opened gap up on January 16. However, the index stumbled near the upper end of the pattern & stayed back into the pattern.
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