Stocks ended lower for the fourth session in a row on Monday and suffered a bout of heavy selling in the last half hour of trade. Flat-to-weak close in Asia and absence of major movements in European equities also impacted sentiment on Dalal Street.
Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.
Here are the major events of the trading day:
* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.
* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.
* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.
* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.
* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Stocks ended lower for the fourth session in a row on Monday and suffered a bout of heavy selling in the last half hour of trade. Flat-to-weak close in Asia and absence of major movements in European equities also impacted sentiment on Dalal Street.
Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.
Here are the major events of the trading day:
* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.
* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.
* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.
* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.
* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Reliance Industries, Sun Pharma and Tata Motors were in heavy demand as well.
* HCL Infosystems, Ashok Leyland and HDIL saw heavy volumes.
* Wider benchmarks lost between 0.4-0.5% as bears gained traction in the market.
* There were no gainers in the sectoral space with PSU Banks, Realty, Auto and Financial Services stocks dropping the most.
* The bears were in full control of sentiment on Dalal Street with 935 shares falling compared with 529 that rose.
* Indraprastha Gas was the only notable stock to hit a fresh 52-week high in trade.
* Narayana Hrudalaya, Esab India and Zee Learn saw trades that were in multiples of their 5-day average volume.
* The Reserve Bank of India announced fresh restrictions on cash exceeding 5,000 rupees being deposited in bank accounts via scrapped notes.
Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.
Here are the major events of the trading day:
* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.
* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.
* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.
* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.
* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Stocks ended lower for the fourth session in a row on Monday and suffered a bout of heavy selling in the last half hour of trade. Flat-to-weak close in Asia and absence of major movements in European equities also impacted sentiment on Dalal Street.
Energy stocks such as Petronet LNG, Reliance Industries and BPCL saved the market some blushes in an otherwise dull trade. Volumes were missing as the year-end holiday season during Christmas week took root. Investors preferred to remain on sidelines.
Here are the major events of the trading day:
* The Nifty fell 35 points, or 0.4%, to close at 8,104 points. The index dropped for the 4th day, and briefly went below the 8,100 mark as well owing to heavy selling in the last hour of trade.
* Bharti Infratel, Asian Paints, Sun Pharma, UltraTech Cement and HDFC dropped between 2-3% and were among 31 shares that fell on the index.
* GAIL, Aurobindo Pharma, Tata Power, Grasim and HCL Tech rose between 0.7-2.3% and were among 19 shares that advanced on the Nifty.
* The Sensex lost 115 points to end the session at 26,374 points on the Bombay Stock Exchange. Asian Paints was the top loser while GAIL was the top gainer.
* Pharma company Laurus Labs got listed on markets at a 14.5% premium to its offer price of 428 rupees a share. The stock fell 2% at its close to 480 rupees with 844 crore rupees worth of shares changing hands on the NSE alone.Reliance Industries, Sun Pharma and Tata Motors were in heavy demand as well.
* HCL Infosystems, Ashok Leyland and HDIL saw heavy volumes.
* Wider benchmarks lost between 0.4-0.5% as bears gained traction in the market.
* There were no gainers in the sectoral space with PSU Banks, Realty, Auto and Financial Services stocks dropping the most.
* The bears were in full control of sentiment on Dalal Street with 935 shares falling compared with 529 that rose.
* Indraprastha Gas was the only notable stock to hit a fresh 52-week high in trade.
* Narayana Hrudalaya, Esab India and Zee Learn saw trades that were in multiples of their 5-day average volume.
* The Reserve Bank of India announced fresh restrictions on cash exceeding 5,000 rupees being deposited in bank accounts via scrapped notes.
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