Mumbai: The domestic stock market started off better amid better global cues, but later it got weak. The stock markets closed weakly at the end of trading. The Sensex lost 95 points and closed at 38,990.94. The Nifty had a 3-point weakness and closed at 11532 level. Banking and financial shares have been sold in today’s business. There has been buying in IT and auto stocks. Today, stocks like Titan, Tech Mahindra and Maruti have supported the market. However ICICI Bank, Airtel and RIL saw weakness. Talking about global signs, the Dow Jones saw an increase of 450 points yesterday. The S&P 500 index also created new record levels. At the same time, mixed trends have been seen in Asian markets today.
In today’s trade, 14 stocks of Sensex 30 were seen rising. Titan Company, Nestle India, Tech Mahindra, Maruti, Asian Paints and Sun Pharma are the top gainers of today. ICICI Bank, Airtel, PowerGrid, Kotak Bank, IndusInd Bank and ONGC were the top losers. On the Nifty, 8 of the 11 major indices closed in red. Bank and financial index declined more than 1 percent. Auto has been up by 0.80 percent and IT index by 1.5 percent. Pharma was up 0.91 percent and FMCG index was up 0.78 percent. Metal and realty are closed in red.
