Market Watch

Sensex ends lower, Nifty flat; JBM Auto up 10.1 pct

01 November 2016 - 03:56 PM

The Sensex ended marginally lower on Tuesday, dragged down by losses in technology stocks, which offset gains in financial and auto shares as investors braced for key corporate results announcements later in the week.
 
The BSE index fell 0.19 percent to 27,876.61, while the Nifty rose 0.01 percent to 8,626.25.
 
The 30-share bundle started off positively at 27,966.18 and advanced to hit a high of 28,029.80. However, on selling in key bluechips at improved levels, it cracked below the 28,000-mark to a low of 27,845.63, before settling 53.60 points or 0.19 per cent lower at 27,876.61. The gauge had lost 11.30 points on the first day of Samvat 2073 in special ‘Muhurat’ session on Sunday. On the other hand, the 50-share NSE Nifty managed to close in the green with a modest rise of 0.55 point, or 0.01 per cent at 8,626.25. It shuttled between 8,669.60 and 8,614.50. As many as 20 out of the 30-share Sensex pack retreated, while 10 ended higher.