Markets End Marginally Lower

Friday, February 22, 2013, Indian market closing: Indian equity markets ended in the negative in anticipation of the Union budget and amid mixed cues from global markets.
By Nidhi Gandhi |  22-02-13 | 

India equity markets ended the last trading day of the week in the negative. The markets which edged higher in early trade on the back of strong gains in the Asian markets, turned negative in late trade to end the day in the red. Market sentiments are likely to remain cautious ahead of the Union Budget on February 28. Market breadth was negative as on the BSE 1,072 shares declined while 1,043 shares advanced.

The BSE Sensex touched a high of 19,402 and a low of 19,290 before it ended lower by 0.04% or 8.35 points to close at 19,317. The S&P CNX Nifty too moved lower by 0.03% or 1.95 points to close at 5,850. The BSE Mid-cap and Small-cap indices ended in the positive, up by 0.02% 0.11% respectively.

8 put of the 13 indices on the BSE sectoral space ended in the green. Leading the pack of gainers was the BSE Realty index which moved up by 1.35%; followed by the BSE Teck index which moved up by 1.33%. The other major gainers were the BSE IT, BSE Healthcare and BSE Oil&Gas indices which moved up by 0.83%, 0.78% and 0.58% respectively. Leading the pack of losers was the BSE FMCG index, down by 1.41%; followed by the BSE Auto index which fell by 0.55%. The other major losers were the BSE Metal and BSE PSU indices which moved down by 0.53% and 0.29% respectively.

14 out of the 30 shares on the BSE Sensex ended in the green. The top 5 gainers were Bharti Airtel (+4.674%), Wipro (+2.43%), Sun Pharma (+1.96%), ICICI Bank (+1.22%) and Infosys (+1.06%). On the other hand, the top 5 losers were HUL (-2.60%), Coal India (-2.31%), Maruti Suzuki (-2.09%), HDFC (-1.84%) and Tata Motors (-1.60%).

As per the data released by SEBI, foreign institutional investors (FIIs) were net buyers in the equity and debt segments to the tune of Rs. 1154.90 crores and Rs. 1081.00 crores respectively.

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