Sensex ends at 3 month low, ICICI (+6.91%), Nifty lower 63 Pts

The BSE Sensex closed its lowest in more than 3 months on Monday, since investors supported themselves for a tepid quarterly earnings season, amidst weakness across global equity markets. 

The benchmark BSE index ended down 143.63 points or 0.52% at 27,529.97, posting its lowest close since July 8. The broader NSE index ended 63 points or 0.73% down at 8,520.40, its lowest close since July 21. 

Top 5 Sensex gainers were ICICI Bank (+6.91%), NTPC (+1.76%), HUL (+0.88%),ONGC (+0.69%) and SBI (+0.48%), while the major losers were M & M (-3.22%), Hero Moto Corp (-2.24%), Asian Paints (-2.07%), HDFC Bank (-1.87%) and Bajaj Auto (-1.8%). 

Markets back home were a bit slow after Sept-quarter results of two biggest exporters, Tata Consultancy Services & Infosys, failed to cheer investors.

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Posted in: Indian Market Tips