Market At Close | Sensex and Nifty50 in the red amid volatility
Here are some highlights:
–Metal shares reverse previous day’s gains as global rates slip — Nifty Metal falls five percent
–All sectoral in the red — Nifty Metal, Nifty Media and Nifty Energy top losers
–Crude fall weighs on oil & gas shares — ONGC slides three percent and OMCs gain 2-3 percent
–UPL, Tata Steel and IndusInd hit 52-week lows
–Hindalco, UPL, Tata Steel, JSW Steel, Wipro, ONGC, Adani Ports top Nifty losers
–Sun TV top midcap loser
–IndiGo rises but SpiceJet slips after monthly air passenger traffic data
–Market breadth favours the bears — advance-decline ratio at 2:5
