Nifty ends lower in volatile trade

The NSE benchmark Nifty today settled with small 18 points loss, falling for the third consecutive session, to close at 10,360.40 in a volatile trade.
Starting on a positive note, a volatility surfaced during the fag end trade.
State-run banks remained under pressure in the wake of the detection of 11,400 crore PNB fraud.
The Nifty finished at 10,360.40, declining 18 points, or 0.17 per cent. It moved in the range of 10,429.35 and 10,347.65.
Private Bank, Nifty Banks, Finance, Realty and Energy segments saw selling. While buying in metal, PSU bank, media and IT helped cap larger losses.
Overseas, European stocks were mostly lower. Investors were awaiting for Wall Street to reopen after Monday's holiday break.

Most Asian stocks fell today in thin holiday trade as markets in China and Taiwan remained closed for the Lunar New Year holidays. US markets remained closed yesterday in observance of President's Day.

On the sectoral front, Pvt Bank fell 0.91 per cent followed by Nifty Bank 0.73 per cent, Fin Service 0.54 per cent, Realty 0.53 per cent, FMCG 0.21 per cent and Energy .21 per cent, while Metal rose by 1.10 per cent, PSU Bank 0.83 per cent, Media 0.68 per cent and IT 0.33 per cent.
It saw an intra-day movement of about 81.70 points.
Major index losers were M&M, Axis Bank, Auro Pharma, Ibul Hsg Fin and Yes Bank.

Gainers were Vedl, Ambuja Cement, Coal India, Infra Tel and ONGC.
The market breadth, indicating its overall health, was in favour of losers. On the NSE, 792 stocks advanced, 965 declined and 75 remained unchanged.
Total securities that hit their price bands were 186.
Turnover in the cash segment fell to Rs 27,137.05 crore from Rs 28,468.44 crore.
A total of 13,422.76 lakh shares changed hands in 9,635,792 trades. The market capitalisation of listed firms on the NSE stood at Rs 1,43,85,496 crore.