Sensex suffers moderate loss of 11 pts

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After a higher start at 18,556.50, the Sensex ended the day lower by 10.77 points at 18,506.57.  (Reuters) After a higher start at 18,556.50, the Sensex ended the day lower by 10.77 points at 18,506.57. (Reuters)
SummaryAfter a higher start at 18,556.50, the Sensex ended the day lower by 10.77 points at 18,506.57.

the close of trading hours, according to data available from the stock exchanges. A total of 3,70,08,720 shares, or 4 per cent stake, were put on offer in the first tranche.

Dragged down by Hindustan Copper, BSE-PSU declined by 0.85 pct the worst among all indices.

The market breadth turned negative as 1,498 stocks ended in the red while 1,315 that finished in the green.

The total market turnover rose to Rs 2,101.35 crore from Rs 1,931.18 crore yesterday.

Meanwhile, Foreign Institutional Investors (FIIs) had picked up shares worth Rs 114.75 crore yesterday as per provisional data with stock exchanges, over its purchases of Rs 262.60 crore on November 21 as per Sebi data.

The broader 50-issue Nifty of the NSE also softened by 1.15 points or 0.02 pct to 5,626.60.

Asian markets, barring Japan which was closed, finished higher between 0.09 pct and 3.10 pct as Taiwanese shares rallied after the finance minister said government- controlled funds should buy equities.

European stocks covered their morning losses and were trading narrowly mixed in the afternoon deals. The CAC was down by 0.07 pct while the DAX was up by 0.06 pct and the FTSE by 0.17 pct.

In all, 17 out of 30 Sensex-based scrips ended with losses while 12 settled with gains and Maruti Suzuki held stable. NTPC dropped by 2.57 pct, GAIL India by 1.95 pct, Cipla by 1.62 pct, Wipro by 1.38 pct, ITC by 0.95 pct, Bharti Airtel by 0.91 pct, Sterlite Ind by 0.87 pct, ICICI Bank by 0.74 pct and SBI by 0.47 pct.

However, BHEL rose by 1.51 pct, Hero MotoCorp by 1.21 pct, Tata Power by 1.14 pct, HUL by 1.04 pct, Sun Pharma by 1.00 pct, RIL by 0.89 pct, TCS by 0.78 pct and Tata Motors by 0.71 pct.

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