The key domestic indices closed marginally lower. Nifty Pharma, Nifty PSU Bank and Nifty Healthcare Index shares gained, while Nifty Media and Nifty FMCG shares retreated.

As per provisional closing data, the barometer index, the S&P BSE Sensex, edged lower by 460.30 points or 0.62% to 73,249.39. The Nifty 50 index posted modest losses of 123.70 points or 0.54% to 22,687.65. In the past three trading sessions, the Nifty and Sensex retreated by 1.98% and 1.98%, respectively.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index moved lower by 0.79% and the BSE 250 SmallCap Index decreased by 0.92%.

The market breadth was negative. On the BSE, 1590 shares rose and 3606 shares declined. A total of 210 shares were unchanged.

Eternal Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 855.05 lakh shares and recorded a sharp increase of 309.66% compared to last one-week’s average daily volume. The stock has slumped by around 7.01% in last one-month and has fallen sharply 7.62% over last one year.

HDFC Bank Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 602.81 lakh shares and saw a sharp spurt of 100.47% compared to last one-week’s average daily volume. The stock has dropped sharply 4.40% in last one-month and has plunged 29.85% over last one year.

In NSE500, Tata Teleservices (Maharashtra) Ltd recorded a sharp intraday recovery of 20.09%.The stock tested low of Rs 31.65 and ended at Rs 38.01, surging around 18.56% on the day.

Index action

The Nifty Pharma index moved higher by 0.12% to 25596.65 today. The index is slightly lower by 0.66% in last one week and has shed 5.39% over last one month. It has risen by 13.55% in last one year. Aurobindo Pharma Ltd (up 2.03%), Piramal Pharma Ltd (up 1.99%), Zydus Lifesciences Ltd (up 1.58%), Torrent Pharmaceuticals Ltd (up 1.35%) and Cipla Ltd (up 1.29%) traded higher.

The Nifty Media index fell 2.35% to 1584.5 today. The index is marginally lower by 1.14% in last one week and has edged up 4.29% over last one month. It edged up by 5.26% in last one year. Zee Entertainment Enterprises Ltd (down 5.39%), Sun TV Network Ltd (down 4.28%), Tips Music Ltd (down 3.31%), Nazara Technologies Ltd (down 2.75%) and D B Corp Ltd (down 2.69%) moved lower.

The Nifty FMCG index inched down by 1.41% to 43105.45 today. The index has dropped sharply by 3.43% in last one week and has eased by 4.75% over last one month. It has declined sharply by 22.77% in last one year. Radico Khaitan Ltd (down 3.55%), Dabur India Ltd (down 2.92%), Nestle India Ltd (down 2.78%), Colgate-Palmolive (India) Ltd (down 2.03%) and Godfrey Phillips India Ltd (down 2.03%) moved down.

Global Markets

European markets moved down slightly.

DOW futures are down 0.57% today.

MCX Crude oil futures are substantially higher by 2.68% at Rs 9200.0 per barrel.

NIFTY50 futures ended modestly lower by 0.09% at 22723 and are in a premium of 35 points compared to NIFTY50.