The Indian benchmarks ended on a weak note on February 6, 2013. After opening with a gap up, the up move got arrested soon and they started trading in a narrow range. Slowly buy inevitably, the overnight gains made earlier were given away during the day. Though trading was range bound and sluggish power companies like Lanco Infratech , Adani Power, Indiabulls Power and power finance companies like PFC, REC were buzzing in trade after the CCEA gave an in principle nod to the coal price pooling mechanism. Shares of NTPC were down 2 percent ahead of the PSU’s offer for sale (OFS). The government is expected to sell 783 million shares in NTPC, thus bringing down its stake to 75 per cent. All this led the Sensex to close at the level of 19639.72 i.e. down by 20.10 points and the Nifty to close at the level of 5959.20 i.e. up by 2.30 points. The midcap index and the small cap index closed in green with the marginal gain of two basis points and a quarter of a percentage point respectively. On the sectoral front , the indices closed mixed. Realty index closed as the major gainer with gains of more than three-forth of a percentage point. This was followed by IT Index which posted gains of six-tenth of a percentage point. On the other hand, Capital Goods index was the biggest looser with the loss of nearly one percentage point.
Further, the market breadth closed neutral as one stock was seen advancing for each declining stock.