Mumbai, Apr 10 (PTI) The NSE 50-share Nifty extended
its fall for the third consecutive session on selling in key
heavyweights of IT and energy sectors amid caution setting in
ahead of quarterly earnings this week.
Besides, continued geopolitical tensions post US missile
attack on Syria further affected the sentiment.
Most European and Asian equities dropped amid caution as
increased geopolitical risks prompted investors to favour
safe-haven bets such as government debt.
Markets opened on a positive note and moved in a
lacklustre manner, the index witnessed consolidation and
regained 9,200-level during the intra-day trade at 9,225.65.
Later, caution ahead of fourth quarterly results and slew of
macro numbers including CPI and IIP numbers this week led the
key indices to end with losses.
The NSE 50-share Nifty opened higher at 9,225.60 and
moved in a range of 9,225.65 and 9,174.85 before finishing at
9,181.45, registering a loss of 16.85 points, or 0.18 per
The Nifty IT dropped by 1.41 per cent, followed by
energy 0.31 per cent and infra 0.04 per cent.
While, media gained 0.89 per cent, metal 0.88 per
cent, PSU bank 0.62 per cent, Pvt bank 0.56 per cent, bank
0.42 per cent and auto 0.42 per cent.
Broader market outperformed key indices with shares of
midcap rose 0.43 per cent and small-cap 0.76 per cent.
A total of 690 shares ended with losses while 998
finished with gains while 86 ruled steady.
The major Nifty loser is Infy 2.87 per cent, Asian
Paint 2.19 per cent, India Bull Housing Finance 2.16 per cent,
HCL Tech 1.91 per cent, Reliance 1.80 per cent.
However, BPCL gained by 3.69 per cent, IOC 3.50 per
cent, Grasim 3.17 per cent, Yes Bank 2.77 per cent and
Infratel 2.70 per cent.
Turnover in the cash segment climbed to Rs 23,570.11
crore from Rs 28,156.27 crore last Friday.
A total of 11,699.50 lakh shares changed hands in
8,682,968 trades. The market capitalisation of listed firms
stood at Rs 12,138,432 crore.
This is published unedited from the PTI feed.