Thursday 9 May 2019

Closing Bell: Nifty ends at 11,300, Sensex falls 230 pts; RIL down 3% on MS downgrade


Market close: It is another weak closing for the Indian stock market as benchmark indices finished lower for seventh straight day. Nifty broke the 11,300 level during intraday and touched a low of 11,255.05.
At close, the Sensex was down 230.22 points at 37558.91, while Nifty was down 57.70 points at 11301.80. About 1074 shares have advanced, 1370 shares declined, and 150 shares are unchanged. 
Top losers on the Nifty were Reliance Industries, BPCL, Coal India, Asian Paints and NTPC, while gainers include Zee Entertainment, Yes Bank, Bajaj Finserv, Bajaj Finance and Hero Motocorp.
Among sectoral indices metal, infra, energy, pharma and bank ended in red, while some buying seen in the IT and FMCG.
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