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1-min read

Sensex Hovers Around 33K, Nifty Flat Ahead of F&O Expiry

The 30-share Sensex resumed lower at 33,025.17 and hovered in a range of 33,074.91 and 32,835.06 in morning trade.

PTI

Updated:October 26, 2017, 11:53 AM IST
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Sensex Hovers Around 33K, Nifty Flat Ahead of F&O Expiry
Image for representation. (Image: Reuters)

Mumbai: The BSE Sensex fell by 79 points to trade below the 33,000 level in a volatile trade following profit booking in telecom, FMCG, finance, banking and consumer durables sectors ahead of expiry of October derivative contracts later on Thursday.

The 30-share Sensex resumed lower at 33,025.17 and hovered in a range of 33,074.91 and 32,835.06 in morning trade. It was trading at 32,963.21 at 1100 hrs, down by 79.29 points or 0.24 percent.

While, the NSE 50-share Nifty was trading flat, down by 8.80, or 0.09 percent to 10,286.55.

Among secondary indices, the S&P BSE Mid-Cap index rose 0.25 percent and the S&P BSE Small-Cap index gained 0.49 percent. Both the indices outperformed the Sensex.

Major losers were ICICI Bank 2.50 percent, HDFC 2.24 percent, Powergrid 1.90 percent, Dr Reddy 1.08 percent, Hindunilver 1.01 percent and TataMtrDvr 0.72 percent.

However, Larsen rose 2.70 pct followed by Cipla 2.05 pct, Kotak Bank 1.21 pct and Axis Bank 1.05 pct.

Foreign portfolio investors (FPIs) bought shares worth a net Rs 3582.50 crore on Wednesday, as per provisional data released by the stock exchanges.

Domestic institutional investors (DIIs) sold shares worth a net Rs 155.71 crore.

Globally, Asian stocks were mixed after Wall Street shares pulled back from record highs overnight.

US stocks fell on Wednesday, on a batch of soft quarterly earnings, with the Dow Jones Industrial Average suffering its worst day in seven weeks after rising to a record peak the previous session.

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| Edited by: Bijaya Das
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