Samvat 2068 ends: Sensex, Nifty down
The Sensex, which had lost 219 points in the past two days, resumed a tad higher but moved in a narrow range of over 140 points before concluding 13.34 points lower at 18,670.34 -- extending the string of losses to three straight days.
In the 30-share Sensex, 19 stocks declined led by two most influential stocks, ITC and RIL that fell over 1 per cent each. Tata Steel, which fell 1.93 per cent, was the worst performer among the Sensex constituents. The falling trend was cushioned to some extent as HDFC Bank, SBI, TCS and Bharti Airtel logged 0.8-1.4 per cent gains.
Brokers said investors were seen adjusting their portfolios ahead of a special 'Muhurat' trading on Diwali tomorrow, followed by a holiday on Wednesday.
Meanwhile, non-index entity United Spirits today surged by 34.93 per cent to Rs 1,834.60 after Diageo agreed to buy a controlling stake last week.
The broad-based National Stock Exchange index Nifty eased by 2.55 points, or 0.04 per cent to close at 5,683.70.
Consumer durable, banking and realty shares attracted buying while metal and capital goods stocks ended lower.
The sentiment remained bearish on the last day of Samvat 2068 on an unexpected 2.5 per cent contraction in September industrial output, marginally high consumer price index at 9.75 per cent and trade deficit widening to an all-time high
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