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The benchmark indexes shed their initial gains to just below $ 341.99 after a highly volatile session on Wednesday, as losses in stocks of pharmaceutical and technology companies fell sharply. Information has offset equity gains in the energy, banking and metals sectors in a weak global environment.
BSE Senbad recorded close to 365 points of purchase and heavy sales during the session.
The index of 30 stocks, after a breach (35,330.14 points), scored a record of 35,351.88 points at the start of the match. world crude oil prices and rupee recovery.
However, the weakness of most other Asian markets and the reduced opening of European markets led to sales on the national stock exchanges, causing Senbad on negative territory to reach a low of 34,986.86.
The index finally stabilized at 2.50 points, ie 0.01% at 35 141.99.
Similarly, the broad NSE Nifty, after having oscillated between 10,651.60 and 10,532.70 points of purchases and alternative sales, closed at 6.20 points, or 0.06%, at 10,576.30.
According to the badyst, the market was volatile despite falling oil prices and rising rupee, concerns about domestic liquidity and the weakness of global indices outpacing sentiment.
"Oil prices have fallen to $ 65 per barrel, which will alleviate fears about the current account deficit. The IT and pharma indexes were pressured by the Rupee's rise, while stock-specific purchases based on quarterly results and lower oil prices supported the outperformance of average values, they added
The rupee increased its potential to 72.17 against 72.17 USD (intra-session) in the late afternoon
Sun Pharma plunged 7.36% after recording the worst performance of the Senbad cat, after the company announced Tuesday a consolidated net loss of 218.82 crore for the July-September quarter due to a provision of 1 214 crores of rupees for the settlement of the company. Modafinil antitrust case in the United States.
Inventories of software exporters such as TCS, Infosys and Wipro have lost up to 2.85% due to an increase in the rupee which has risen of 50 paise at 72.17 against the US dollar in late afternoon i.
Tata Motors shares fell 1.67% after Moody's Investors Service on Wednesday modified Tata Motors' rating outlook to negative, citing expectations of poor operational performance. of the British branch of the company, Jaguar Land. Rover (JLR).
The other lagging countries are Kotak Bank, M & M, Yes Bank, Axis Bank, Adani Ports, Vedanta, MotoCorp Hero, L & T, RIL and ITC, dropping up to 3.04%.
Among the winners, Maruti Suzuki, CGSB, Asian Paint, SBI, IndusInd Bank, HUL, ICICI Bank, HDFC Bank, Bharti Airtel, PowerGrid, HDFC, Bajaj Auto and NTPC, jumped to 2.85%.
The shares of oil marketing companies and air operators are advancing lower prices for crude oil.
HPCL, BPCL and IOC state-owned companies earned up to 4.75%
In the aviation sector, shares of Interglobe Avialion and Jet Airways earned up to 7.67%.
Sector-wise, BSE The computer index became the big loser with a drop of 2.24%, followed by the teak index which lost 1.86%. althcare 1.65%, real estate 1.52%, metal 0.81%, auto 0.66% and equipment goods 0.46%.
On the other hand, the oil and gas index was the best performing up 1.18%, the PSU index gained 1.07%, FMCG 0, 94%, 0.52%, 0.39% and 0.39% infrastructure.
Investors were cautious in announcing that wholesale-price inflation reached its highest level in October, at 5.28%, mainly due to soaring prices in the United States. 39, gasoline and diesel,
Broader markets have shown a mixed trend, with a 0.09% rise in the mid-cap index, while small cap stocks have decreased by 0, 15%.
Elsewhere in Asia, the Japanese Nikkei index rose by 0.16%. The Taiwanese index gained 0.16%, while the Shanghai Composite Index lost 0.85%. Hong Kong's Hang Seng also lost 0.83%.
In Europe, the CAC 40 of Paris lost 1.27%, while the DAX of Frankfurt gave up 0.92% at the beginning. The London FTSE also declined by 0.81%.
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