The Sensex has been losing quick points in the past two trading sessions. On Tuesday it lost 259.48 points after an announcement from market regulator SEBI on an impending action on 331 shell companies. For Wednesday too the mood turned out to be somber with the Sensex ending on 31797.84, a 216.35 point loss.
Most indices on the BSE ended in the red.
Stocks of NTPC were up by 1.25%, while ONGC (0.98%), and Asian Paints (0.84%) too showed some resilience on the S&P BSE Sensex. On the BSE100, Havells (up by 2.76%), Capital (1.97%), Hindalco (1.83%) and Titan (1.55%) remained in the green. On the BSE 200, Edelweiss was picked the cream showing a 5.24% growth.
Pharma stocks continued the downtrend. Sunpharma was down by 5.13% on the thirty scrip sensitive index while Auropharma was down by 5.84% on the Sensex 50.
It was a similar story for the NSE too. The NSE Nifty was rattled off its five figure benchmark, while other indices on the NSE ended the day in the red. The losers were midcap (down by 1.86%), SML100 Free (1.78%) and Next50 (1.75%). Infrastructure stocks were down by 1.08%, while services sector stocks ended the day on a 0.57% dip.
