Indian benchmark indices continued their losing streak and fell to their lowest close in more than 2 months. Nifty breached its physiological level of 5600 since April 16 2013 and ended the day at 5590.25 plunged by 77.40 points while Sensex ended the day at 18540.89 down by 233.35 points.
Indian equity market witnessed the high volatile session ahead of June month expiry of F&O segment. Meanwhile, Jittery institutional investors continued to offload positions on rising concerns that the US Federal Reserve may halt its stimulus package programme.
INR continued to trade close to its low at 59.71 against the US dollar.
Among the sectoral indices CNX Realty was the biggest loser of the day and plunged around 4.7% followed by CNX Infra (-2.65%) and CNX PSU Bank (-2.52%). All other indices closed at negative terrain.
Out of 50 stocks of Nifty 11 stocks were ended in green while other 39 stocks ended in red.
Top 5 Nifty Gainers: Jindal Steel (1.61%), LUPIN (1.14%), ACC (0.79%), ICICI Bank (0.64%) and HDFC (0.51%) were among the top gainers.
Top 5 Nifty Losers: JP Associate (-11.45%), Ranbaxy (-6.99%), DLF (-6.14%), Kotak Bank (-4.50%) and Asian Paints (-3.68%)
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