Mumbai, 20 February (IANS). India’s domestic benchmark index closed down in the third consecutive season on Thursday. At the end of the trading, selling was seen in IT, pharma and financial service sector.
The Sensex closed down 203.22 points or 0.27 percent to close at 75,735.96. The index touched the Intra-Day High of 75,794.15, but also saw a low of 75,463.01 before closing.
The Nifty Index fell 19.75 points or 0.09 percent to close at 22,913.15. The index continued to trade between 22,923.85 and 22,812.75 during the session.
According to experts, another day was spent on a limited range of Nifty and not being able to move beyond a prescribed level.
LKP Securities Senior Technical Analyst Roopak De De said, “However, the broader market shares saw a great rise, but the main index, Nifty and bank Nifty, remained mostly in limited range. At the lower level, support for Nifty is at 22,800 at 22,800 , While the resistance is at 23,150.
The Nifty Bank closed at 49,334.55, down 235.55 points or 0.48 percent. The Nifty Midcap 100 index climbed 636.55 points or 1.26 percent to close at 51.163.80, while the Nifty Smallcap 100 index rose 221.80 points or 1.43 percent to close at 15,747.70.
PSE, Auto, PSU Bank, Metal, Reality, Media, Energy, Infra and Commodities showed positive movements on NSE Sectoral Front.
The Nifty PSE index was the best performance, which closed down 2.15 percent.
2,699 shares on the Bombay Stock Exchange (BSE) closed green and 1,273 shares closed in red mark, while 111 shares did not change.
The Sensex packs featured HDFC Bank, Maruti Suzuki, Tech Mahindra, HCL Tech, ITC, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, Zomato and Sunforma top losis. At the same time, NTPC, Adani Ports, M&M, Tata Steel, Tata Motors, IndusInd Bank, Power Grid, Infosys and Axis Bank were the top gainers.
Foreign institutional investors (FIIs) sold shares worth Rs 1,881.30 crore on February 19. In contrast, domestic institutional investors (DIIs) remained a pure buyer, who bought shares worth Rs 1,957.74 crore on the same day.
The rupee was trading at 86.68 with a gain of 0.34 due to weakness in crude oil prices and trading below $ 107 below $ 107.
-IANS
SKT/ABM
