Stock market update: Fertilisers stocks down as market falls

Stock market update: Fertilisers stocks down as market falls
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The 30-share BSE Sensex closed down 69.68 points at 60836.41

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: Fertilisers shares closed lower in the Thursday's session.

Southern Petrochemicals Industries(up 14.70%), Bohra Industries(up 4.98%), KRISHANA(up 4.08%), Coromandel International(up 1.78%), Fertilizers (up 0.96%), & Chemicals(up 0.73%), G S F C(up 0.72%), Sikko Industries(up 0.70%) and & Fertilizers(up 0.53%) stood among the top gainers.

& Fertilizers(down 3.23%), & Petrochemicals(down 2.26%), Agro Phos(down 2.15%), Nagarjuna Fertilizers & Chem(down 1.99%), ZUARIAGRO(down 0.96%), Madras Fertlizers(down 0.82%), Aries Agro(down 0.79%), Rama Phosphates(down 0.62%), Fertilizers & Chemicals Tranvancore(down 0.57%) and & Fertilizers(down 0.54%) were among the top losers of the day.

The NSE Nifty50 index ended 30.15 points down at 18052.7, while the 30-share BSE Sensex closed down 69.68 points at 60836.41.

State Bank of India(up 1.93%), Titan Company Ltd(up 1.29%), UPL Ltd(up 1.21%), Hindustan Unilever(up 1.11%), Bharti Airtel(up 1.09%), Bajaj Auto(up 0.98%), IndusInd Bank(up 0.86%), Bajaj Finserv(up 0.77%), Dr Reddys Laboratories(up 0.75%) and Tata Steel(up 0.74%) stood among the top gainers in the Nifty pack.

On the other hand, Tech Mahindra(down 2.69%), Hindalco Industries(down 2.6%), Power Grid Corporation of India(down 2.25%), NTPC(down 1.55%), Infosys(down 1.45%), Eicher Motors(down 1.45%), Tata Motors(down 1.4%), Wipro(down 1.38%), Mahindra & Mahindra(down 1.25%) and Tata Consultancy(down 1.08%) closed in the red.

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