Stock market ends on negative note with Nifty at 26,250

New Delhi, Jan 5 (UNI) The stock market on Monday ended on a negative note with Nifty at 26,250. At close, Sensex was down 322.39 points or 0.38% at 85,439.62, and the Nifty was down 78.25 points or 0.30% at 26,250.30.

The mid and small-cap indices outperformed with the BSE Midcap index inched up by 0.05% and the Smallcap index rose by 0.07%.

Among the sectors, indices ended on a mixed note. Nifty Realty rose 2.07% while IT fell 1.43%.

Further, the consumer durables index rose 1.12%, while the oil and gas index fell 1.02%.

FMCG was up 0.68%, Media up by 0.62%, and Metal was up by 0.60%. Nifty Bank fell 0.18%.

The top gainers on the Nifty were Nestle India up by 2.76%, BEL up by 2.53%, and Eicher Motors up by 2.17%.

Around 27 stocks ended in the red including HDFC Bank (2.31%), Wipro (2.23%), and Infosys (2.21%) ended as the top losers.

Out of 4,471 stocks traded on the BSE, 1,723 advanced, while 2,545 declined.

Some 203 stocks remained unchanged.

Around 209 stocks hit their 52-week highs while some 144 stocks hit their 52-week lows on the BSE.

Those hitting high were Reliance, SBI, Maruti Suzuki India, Mahindra and Mahindra, Larsen and Toubro, and Titan Company.

Tata Chemicals, Page Industries, Vedant Fashions, Embassy Developments, Concord Biotech, and Cohance Lifesciences, hit their 52-week lows.

The Indian rupee traded weak by 9 paise to 90.27 against the dollar amid geopolitical tensions curtailed foreign inflows.

Metal shares extended their rally for a fifth straight session.

Hindustan Copper led the gains, rising about 3%, Steel Authority of India advanced 2%, while APL Apollo Tubes gained 1.87%.

Tata Steel, Jindal Stainless, Hindalco Industries and JSW Steel were also among the gainers, rising up to 2%.

Bharat Electronics (BEL) shares gained nearly 3%. Further, BEML, Astra Microwave Products, Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), Data Patterns India and Solar Industries shares rose more than 2% each.

 

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