NEW DELHI: Domestic equity markets kicked off New Year on a dull note on lack of directional cues from global peers.
Markets erased all gains witnessed in the opening trade and entered in the red zone with BSE
Sensex trading 67 points, or 0.19 per cent, down at 36,001. NSE Nifty fell 2 points, or 0.02 per cent, to 10,861.
Among Sensex stocks, six gained while 24 declined. Bharti Airtel came forth as the biggest gainer, climbing 0.77 per cent. Other stocks trading in the green were
Axis Bank,
Bajaj Auto, Reliance Industries, SBI and
Hindustan Unilever.
Powergrid declined the most in the 30 share pack. Other losers included
Hero MotoCorp, Asian Paints, M&M, Tata Steel and Vedanta.
In the 50-share pack, 31 stocks advanced, 18 declined and one remained unchanged.
On the BSE sectoral front, telecom was the biggest gainer, advancing 0.77 per cent. Other sectors that witnessed gains were healthcare and realty. BSE Teck was trading flat. However metal sector was the biggest loser, down 0.05 per cent. Others sectoral losers included Basic Materials, auto, utilities and finance.
BSE Midcap fell by 0.03 per cent, while the smallcap indices edged higher by 0.04 per cent.
The advance decline ratio on BSE stood at 1:1.