Nifty crosses 6,100-mark after 2yrs, ends down by 34 pts

Fast Moving Consumer Goods (FMCG) major, Hindustan Unilever (HUL) dipped by 3.29 per cent after the company announced its Q3 results. The company announced 15.59 per cent jump in net profit for the third quarter ended December 2012.

The 50-issue Nifty resumed stable and immediately crossed 6,100-mark for the first time after January 2011 to a high of 6,101.30 before falling back to settle at 6,048.50, showing a net loss of 33.80 points or 0.56 per cent.

In last three sessions, it had gained 80.45 points or 1.34 per cent.

Asian markets ended narrowly mixed after reports said the Bank of Japan (BoJ) would adopt open-ended policy easing and a formal two per cent inflation target while European stocks were trading lower in the afternoon deals.

Major losers from the Nifty were GAIL India (4.65 pc), HCL Tech (2.45 pc), Hindalco (2.44 pc) and Cairn India (2.32 pc). Major gainers were Asian Paints (2.92 pc), ACC (1.75 pc), NTPC (1.70 pc), Kotak Bank (1.55 pc) and Sun Pharma (1.55 pc).