MACD below zero
rsi falling
Equities ended on a weaker note Tuesday after lower-than-expected IIP data and negative cues from European markets dampened sentiments.
India’s Index of Industrial Production for August grew at 5.6% (YoY) as compared to 10.6% in the year-ago period. The decline was led by capital goods space as the sector contracted by 2.6 per cent in August, in comparison to 9.2 per cent growth in the year-ago period.
National Stock Exchange’s Nifty ended at 6086.30, down 49.55 points or 0.81 per cent. The broader index touched a high of 6144.95 and low of 6057.95 in trade so far.
Bombay Stock Exchange’s Sensex closed at 20190.59, down 149.30 points or 0.73 per cent. The 30-share index touched intraday high of 20368.40 and low of 20107.25.
BSE Midcap Index was down 0.52 per cent and BSE Smallcap Index moved 0.03 per cent lower.
Amongst the sectoral indices, BSE Realty Index fell 1.82 per cent, BSE Metals Index slipped 1.55 per cent and BSE Capital Goods Index was down 1.53 per cent.
Kotak Bank (-3.16%), Jaiprakash Associates (-2.31%), DLF (-2.31%), SAIL (-2.26%) and Jindal Steel (-2.18%) led the Nifty decline.
M&M (1.33%), Reliance Communications (1.17%), Sun Pharma (0.97%), TCS (0.97%) and ICICI Bank (0.57%) were amongst the gainers.
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