The domestic indices were mostly trading in red throughout the day.Coal India and many other listed firms posted negative results. The shares of Coal India have fallen being the top loser for the day.
The Nifty sectoral indices are also trading in red and are down by 0.50%, however, Nifty Realty and IT are trading in green, providing some relief to a sluggish day.
Nifty closed with down 39 points and closed at 8,182, while BSE Sensex ended with a loss of 95 points at 26697.
At the global front, Asian indices ended mixed today amid cautious trade ahead of the US Federal Reserve’s monetary policy outcome. China’s Shanghai Composite closed at 3140 down 0.46%, Singapore’s Straits Times ended at 2954.06 down 0.04%, Japan’s Nikkei 225 closed at 19253 down 0.02%, all these indices closed in red, while Hong Kong’s Hang Seng closed at 22456 up 0.04%.
Sentiments are in check as investors focus on the outcome of the US Central Bank announcement that is scheduled to occur later in the day. Any comments from the US Central Bank that they may hike interest rates aggressively next year could lead to a sell-off in emerging markets.
Today, the European indices were down in early trade due to caution ahead of the outcome of US Federal Reserve’s two-day policy meeting, due later today. The markets in the European region are also expecting US Central Bank to raise the interest rates by 25 bps. CAC-40 was trading at 4787 losing 0.33%, FTSE 100 was at 6953 down 0.21% and DAX at 11265.87 down 0.17%. All key three indices were trading in red.
Gold was trading at Rs 27,611 per 10 gms and silver was trading at Rs 41,553 per kg.
The Indian rupee was trading at 67.53 per dollar.
Out of 1508 stocks traded on the NSE, 1048 declined and 391 advanced today.
Top 5 Nifty Gainers: TCS (2.04%), Tata Steel (1.76%), Infosys Ltd. (1.66%), Adani Ports & Sez (1.53%) and SBI (1.45%).
Top 5 Nifty Losers: Sun Pharma (-1.82%), Bharti Airtel (-1.15%), Tata Motors (-0.98%), NTPC (-0.86%) and ONGC (-0.59%)
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