16:18
Moneycontrol BureauBad corporate results, poor global cues and weak domestic economic situation kept investors in the sidelines once again, leading to a very sluggish Tuesday. The Sensex closed 91.37 points at 19659.82, and the Nifty ended the day 30.35 points lower at 5956.90.
Jaiprakash Associates, BHEL, Bank of Baroda, Sterlite Industries, Tata Motors, ITC, Bhart Airtel and BPCL stand as biggest loser of the day. The stocks lost between 1.5 percent to 4 percent. Jaiprakash Associates lost 4.4 percent today, and 22 percent year-to-date. Bank of Baroda lost 10 percent in 2 days. BHEL fell for the third consecutive session, down 3 percent due to disappointing Q3 results.
NTPC, which is expected to announce its OFS for Thursday in order to mop uo Rs 12000-Rs 13,000 cr, fell marginally to 0.06 percent on the NSE.
Sun Pharma was the biggest gainer. It rose 4 percent after posting better-than expected numbers, backed by Taro's numbers. Realty major DLF too supported the markets today with nearly 1 percent gains. Despite seeing occasional bad days, the stock has made newer tops and bottoms.
A host of midcap stocks lay butchered due to extremely poor quarterly numbers. Jubilant Foods, Jain Irrigation and UCO Bank tumbled 5-8 percent on lower-than-expected quarterly numbers.
Meanwhile, United spirits rose nearly 2 percent after Sebi approved Diageo, USL open offer. It now awaits clearance from the CCI.
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Sensex closes sub 6K, midcaps butchered; Sun Pharma up 4%
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