Key benchmark indices closed the day with 98 points down. Nifty Future is still at a premium of 42 points to spot/cash, lower by 12 points in comparison with the previous day. On the other hand, BSE Sensex is down 347 points. With a gap down opening of about 40 points, throughout the major part of the day Nifty tries to hold 200Exponential DMA around 5750-5760(cash/spot) level. Even once bounces from that level to touch 5780. Eventually break that level and touch an intraday low of 5718 and finally settled at 5735.
CNX Finance, CNX Metals, CNX Realty are the major losers of the day, down over 2.45%. On the other hand, CNX IT, CNX Pharma and CNX MNC closed on a flat note. ACC, HCLTech and Hindusthan Unilever are the major gainers in Nifty. On the losing side the stocks are NMDC, Tatasteel, JpAss, ICICIBank and BHEL, all down by over 4%.
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