Indian Equity Market pared its gain in the last hour trading session as traders booked profits in oil & gas, banks and technology sectors after the recent upmove. Nifty ended inch below to 8,300, plunged 23.60 points or -0.28% while 30 stock index Sensex falls 159.54 points (-0.58%) and ended the day at 27,425.73.

India’s annual consumer price inflation accelerated for the first time in five months in December to 5.0 per cent, compared with a 5.4 per cent annual rise predicted by analysts.

Private sector lender IndusInd Bank matched street expectations by reporting a 28.8 percent growth in profit at Rs 447 crore for the quarter ended December 2014. The profit was supported by higher other income & net interest income and lower provisions. Net in the year-ago period was Rs 347 crore.

The rupee strengthened against the dollar for the fifth consecutive trading session, appreciating marginally to 62.1 versus a close of 62.16 in previous session.

Among the sectoral indices CNX Realty was the worst performer and plunged -1.72%, followed by CNX Energy(-1.05%) and CNX PSU BANK (-0.73%).

Market breadth was negative with 675 decline, 515 advance & 36 remain unchanged.

Out of 50 stocks of Nifty 22 ended in green, 27 in red and 1 remain unchanged.

Top 5 Nifty Gainers: ULTRA CEMENT (4.43%) ASIAN PAINT (3.37%), GRASIM (3.19%), ACC (2.95%), KOTAK BANK (1.93%).

Top 5 Nifty Losers: DLF (-2.56%), ONGC (-2.16%), TATA POWER (-1.49%), HERO MOTOR (-1.41%), ICICI BANK (-1.39%).

To qualify NISM series I: Currency Derivative certification examination, register with Intelivisto.com and buy NISM Currency Derivative Examination comprehensive question bank which features mock test, chapter-wise and full length test as per NISM standards. It also includes performance analysis tools to analyze the performance. To Know more call: +91-9582000102.