Mkts end deep in red; oil&gas, power stocks worst hit

It was yet another weak and disappointing day for the markets which opened on weak and inconclusive note and traded under pressure through the day and finally ended with a deep cut. Oil & gas, realty, power and auto scrips were the worst hit counters however all the BSE indices ended in red. Midcaps and smallcaps are still finding difficult to attract investors attention and both the indices closed with over 2% decline.

Market breadth was negative through out the day and the volume was also not very impressive.


Sensex ended down 344.98 points or 1.91% at 17746.96, and the Nifty closed down 113.20 points or 2.14% at 5167.60. On BSE about 839 hares advanced, 2115 shares declined, and 43 shares were unchanged. BSE midcap ended down 2.57% at 7814.80 and Smallcap was down 2.2% at 10148.95.

Source: Moneycontrol.com