Monday 13 May 2019

Closing Bell: Sharp fall drags Nifty below 11,150, Sensex falls 372 pts; Sun Pharma down 9%


Market Close: Late selling in the market drags Nifty below 11,150 level and Sensex by 372 points in today's trading session.

The Sensex was down 372.17 points at 37090.82, while Nifty was down 130.70 points at 11148.20. About 639 shares have advanced, 1826 shares declined, and 157 shares are unchanged. 

Eicher Motors, Zee Entertainment, Sun Pharma, Indiabulls Housing and Yes Bank were among major losers on the Nifty, while gainers were Titan Company, Bharti Infratel, Tech Mahindra, HDFC and HUL.

On the sectoral front, major selling was seen in the PSU Bank and Pharma as both the indices closed with 4 percent cut, followed by metal, auto, energy and infra.

ITC Q4 results: FMCG major ITC has reported 18.7 percent jump in its Q4FY19 net profit to Rs 3,482 crore on the back of strong sales from the FMCG and cigarette units.


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