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Nifty ends marginally lower in choppy trade, down 12 points

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Press Trust of India Mumbai
Last Updated : Oct 13 2015 | 6:57 PM IST
Market traded choppy throughout the session as the benchmark Nifty ended marginally lower by 11.90 points to 8,131.70 at the National Stock Exchange (NSE).
The bourses momentum dominated by selling pressure as investors sentiments loomed by elevated CPI inflation data on the back of increased food prices and weak global cues which took the indices to below the key 8,100-level, though the three year high IIP data failed to enthuse the market.
Caution also prevailed ahead of Q2 results of IT services major TCS which would be announced after the market hours.
Selling in IT sectors mainly ruled the trading momentum on overnight infosys sluggish revenue guidance, followed by Metal, PSU Banks, Infra and Energy counters.
However, buying in Realty, FMCG and Auto helped the market to cap the losses.
The 50-share broader index opened lower at 8,121.95 and traded between 8,150.25 and 8,088.60 before closing at 8,131.70, marginally down by 11.90 points, or 0.15 per cent.

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Meanwhile, Asian ended lower on weak Chinese trade data, while European stocks also trading down.
Stockwise, the majors losers ONGC, IDEA, HCL Tech, VEDL, Hindalco, Tata Steel and Infy 2.09.
While the notable gainers were UltracemCo, Coal India, BPCL, Bajaj Auto and BHEL.
Turnover in the cash segment moved up to Rs 14,493.06 crore against Rs 14,482.56 crore yesterday.
A total of 8,209.53 lakh shares changed hands in 66,45,924 trades and the market capitalisation of NSE stood at Rs 97,13,118 crore.

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First Published: Oct 13 2015 | 6:57 PM IST

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