Indian stock market started today on a positive note. The 30-share index, BSE Sensex opened with a gain of 19.72 points, at 9,034.
On Wednesday, after a volatile day, Sensex settled with a marginal loss of 20 points at 9,015. NSE Nifty ended at 2,776, gaining 6 points.
While realty and energy stocks witnessed buying on Wednesday, banking stocks were under severe selling pressure. The index moved up a to a high of 9,114, however, slipped back in red towards the close.
BSE Realty index surged over 3 per cent to 1,492, and the Oil & Gas index gained 1.5 per cent at 6,163. On the other hand, the Bankex dropped 2.3 per cent to 4,479, and the Consumer Durables index shed 1.7 per cent at 1,564.
The market breadth was negative – out of 2,493 stocks traded, 1,385 declined, 1,002 advanced and the rest were unchanged on Wednesday.
— IndiaRetailing Bureau
