Among BSE sectoral indices, Capital Goods fell by 1.88%, Bankex 1.23%, Consumer Durable 1.12%, Power 1.14%, Auto 1.09%, Metal rose by 2.10%.
Extending losses for the fourth straight day, benchmark BSE Sensex today dropped 117 points to close below 29,000-level at 28,883.11 due to profit-booking, particularly in capital goods and banking shares.
In highly volatile trade in the absence of any major cues, metal, realty and healthcare stocks, however, recorded gains.
After resuming trade on a positive note, the index witnessed alternate bouts of buying and selling. Aggressive selling in the last half an hour saw the Sensex settling at 28,883.11, a loss of 117.03 points from its previous close.
The Sensex has lost 798.66 points or 2.69 per cent in four days.
The CNX 50-share Nifty also declined further by 32.85 points or 0.38% to end at 8,723.70.
"Markets traded range bound for most part of the session, but selling pressure in the last half an hour pushed the key indices to the red. It was a mixed sessions on sectoral front with metal, realty and healthcare ended in green while capital goods, banking, consumer durable and auto lost more than a percent each," said Jayant Manglik, President, Retail Distribution, Religare Securities.
Major losers were Axis Bank (4.64%), BHEL (4.01%), SBI (2.32%), Larsen (1.90%), Tata Motors (1.69%) and TCS (1.60%) Hindalco rose by 3.89%, followed by Tata Power 3.32%, SSLT 2.87%, Coal India 2.57%, ONGC 2.53%.
Among BSE sectoral indices, Capital Goods fell by 1.88%, Bankex 1.23%, Consumer Durable 1.12%, Power 1.14%, Auto 1.09%, Metal rose by 2.10%.
The total market breadth remained negative as 1,557 stocks ended in red, 1,346 finished in green while 110 ruled steady. The total turnover fell to Rs, 4,216.08 crore from Rs 4,737.88 crs yesterday.
"Weak Q3 results by banks were a major cause of worry for investors. Metal stocks rallied after spike in base metal prices and as more stimulus was expected for China," said Kiran Kumar Kavikondala, Director & CEO, ealthRays Securities.
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