Market at Close | Sensex and Nifty 50 end lower dragged by IT and financials
Nifty Bank ends over one percent lower, Sensex slips 317 points to 61,003 and Nifty 92 points to 17,944.
Nestle reverses Thursday’s gains as volumes disappoint in December quarter, stock down three percent.
Adani Enterprises is top Nifty loser with stock falling more than four percent.
Insurance companies under pressure in Friday’s session, HDFC Life and SBI Life slip two percent each
M&M sees profit booking at record high level, stock ends two percent lower
IT stocks slip following weak global cues, TCS, HCL Tech are top losers
Ipca falls four percent as brokerages maintain cautious call after management commentary
Biocon is top Midcap loser followed by Mahanagar Gas, Indiabulls Housing and PVR
Cements stocks rise on price hike reports, JK Cement, Shree, Ambuja top gainers
Oil marketing companies seek price increase for petrol and diesel, HPCL, IOC and BPCL up 1-2 percent.
Market breadth favours declines, advance-decline ratio at 1:2
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