The key domestic indices ended slightly lower. Nifty Realty, Nifty Media and Nifty Chemicals shares advanced, while Nifty IT and Nifty FMCG shares fell.

As per provisional closing data, the barometer index, the S&P BSE Sensex, posted modest losses of 417.49 points or 0.55% to 76,152.86. The Nifty 50 index inched down 41 points or 0.17% to 23,873.45. In the past three trading sessions, the Nifty and Sensex slipped by 0.86% and 1.05%, respectively.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index inched up 0.15% and the BSE 250 SmallCap Index increased by 1.01%.

The market breadth was encouraging. On the BSE, 2986 shares rose and 2192 shares declined. A total of 202 shares were unchanged.

HDFC Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 277.71 lakh shares and saw a sharp decline of 31.62% compared to last one-week’s average daily volume. The stock has slumped by around 6.93% in last one-month and has plunged 25.80% over last one year.

Tata Steel Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 219.65 lakh shares and posted a sharp drop of 38.83% compared to last one-week’s average daily volume. The stock has fallen sharply by around 3.74% in last one-month and has jumped 16.07% over last one year.

6 stocks in NSE500 index hit record high today.

Index action

The Nifty Realty index rallied 2.58% to 916.15 today. The index has fallen by 1.87% in last one week and has drifted lower by 2.18% over last one month. It edged up by 0.79% in last one year. Brigade Enterprises Ltd (up 11.30%), Anant Raj Ltd (up 6.70%), Aditya Birla Real Estate Ltd (up 3.44%), Sobha Ltd (up 2.36%) and Lodha Developers Ltd (up 2.13%) rose.

The Nifty Media index gained 1.74% to 1560.75 today. The index has slumped by 4.77% in last one week and has posted modest losses of 2.20% over last one month. It is down 5.45% in last one year. Prime Focus Ltd (up 4.03%), Saregama India Ltd (up 3.43%), Tips Music Ltd (up 3.26%), PVR Inox Ltd (up 3.10%) and Zee Entertainment Enterprises Ltd (up 1.18%) advanced.

The Nifty IT index moved lower by 0.85% to 30838.85 today. The index is higher by 2.59% in last one week and has slipped by 1.93% over last one month. It is lower by 12.97% in last one year. Tech Mahindra Ltd (down 1.54%), Tata Consultancy Services Ltd (down 1.19%), HCL Technologies Ltd (down 0.94%), Infosys Ltd (down 0.85%) and Wipro Ltd (down 0.77%) slipped.

The Nifty FMCG index edged lower by 0.62% to 45955.65 today. The index has retreated by 2.14% in last one week and has declined 7.46% over last one month. It has retreated substantially by 18.60% in last one year. Godrej Consumer Products Ltd (down 2.76%), Varun Beverages Ltd (down 1.89%), ITC Ltd (down 1.24%), Hindustan Unilever Ltd (down 0.66%) and Nestle India Ltd (down 0.63%) moved down.

Global Markets

European markets showed mild losses.

DOW futures are trading a little higher by 0.16% today.

MCX Crude oil futures are advancing by 2.05% at Rs 8580.0 per barrel.

NIFTY50 futures closed marginally lower by 0.11% at 23975 and are in a premium of 101 points compared to NIFTY50.