The key domestic indices closed on a weak note. Nifty Auto, Nifty Consumer Durables and Nifty Media shares rose, while Nifty IT and Nifty Realty shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex, moved lower by 352.64 points or 0.48% to 73,246.03. The Nifty 50 index posted modest losses of 50.90 points or 0.22% to 22,698.85.

The broader market outpaced the frontline indices. The BSE 150 MidCap Index posted modest gains of 0.51% and the BSE 250 SmallCap Index added 0.37%.

The market breadth was positive. On the BSE, 2682 shares gained and 2519 shares retreated. A total of 221 shares were unchanged.

HDFC Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 285.34 lakh shares and posted a sharp drop of 16.05% compared to last one-week’s average daily volume. The stock has slumped by around 5.40% in last one-month and has fallen sharply 32.18% over last one year.

Reliance Industries Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 218.67 lakh shares and recorded a sharp spurt of 60.72% compared to last one-week’s average daily volume. The stock has slipped by around 0.12% in last one-month and has dropped sharply 19.40% over last one year.

Index action

The Nifty Auto index gained modestly by 1.45% to 25707.35 today. The index is slightly higher by 0.57% in last one week and has eased by 4.46% over last one month. It has edged lower by 7.05% in last one year. Bosch Ltd (up 4.44%), TVS Motor Company Ltd (up 3.74%), Sona BLW Precision Forgings Ltd (up 3.24%), Ashok Leyland Ltd (up 2.01%) and Hero MotoCorp Ltd (up 1.99%) gained.

The Nifty Consumer Durables index moved higher by 1.41% to 34738.6 today. The index has declined sharply by 2.62% in last one week and has recorded steep losses of 10.24% over last one month. It is lower by 12.05% in last one year. PG Electroplast Ltd (up 7.16%), Voltas Ltd (up 6.94%), Blue Star Ltd (up 4.72%), Crompton Greaves Consumer Electricals Ltd (up 3.95%) and Amber Enterprises India Ltd (up 2.90%) rose.

The Nifty IT index decreased by 1.98% to 31553.4 today. The index has slipped by 0.72% in last one week and has recorded robust gains of 14.61% over last one month. It lost 10.90% in last one year. Mphasis Ltd (down 3.83%), Infosys Ltd (down 3.43%), Tech Mahindra Ltd (down 1.92%), Coforge Ltd (down 1.76%) and Tata Consultancy Services Ltd (down 1.48%) moved down.

The Nifty Realty index slipped by 0.89% to 797.85 today. The index is marginally lower by 0.10% in last one week and has declined 5.39% over last one month. It has dropped significantly by 15.67% in last one year. Sobha Ltd (down 2.98%), Brigade Enterprises Ltd (down 2.49%), Aditya Birla Real Estate Ltd (down 2.47%), Prestige Estates Projects Ltd (down 2.12%) and Oberoi Realty Ltd (down 1.11%) dropped.

The Nifty Auto index rose for a third session in a row today. Bosch Ltd (up 4.44%), TVS Motor Company Ltd (up 3.74%), Sona BLW Precision Forgings Ltd (up 3.24%), Ashok Leyland Ltd (up 2.01%) and Hero MotoCorp Ltd (up 1.99%) jumped.

Global Markets

European markets lost slightly.

DOW futures are lower by 0.22% today.

MCX Crude oil futures are advancing by 1.87% at Rs 9505.0 per barrel.

NIFTY50 futures closed down 0.30% at 22775 and are in a premium of 76 points compared to NIFTY50.