8th April Market Closing Updates

8th April Market Closing Updates:

Nifty closed 40.70 points down at 5845
Sensex closed 135.47 points down at 19455.71.
The Sensex extended losses amid high global oil prices. Sustained selling pressure was seen across some counters. Realty dropped the most followed by auto, consumer durable, PSU and oil & gas dipped, whereas capital goods and FMCG edged higher. 
The benchmark Nifty slipped further in the afternoon trade,dragged down by 40 shares out of 50 including major ones like Reliance Inds, ONGC, NTPC, Wipro, SBI and HDFC.

Jaiprakash Associates, Reliance Power, Hindalco, Tata Motors, DLF, IDFC, Reliance Capital, HCL Tech, SAIL, Reliance Infra, Hero Honda, BPCL and Bajaj Auto were down 2-3%.The 50-share NSE Nifty was trading at 5834, down 51 points on the back of profit booking, may be ahead of weekend. Bharti Airtel, Ranbaxy Labs, Sun Pharma, Grasim, HUL, Cairn and ITC were only gainers.

The Realty index was at 2,475.25, down by 52.53 points or by 2.08%. The major losers were Ackruti City (4.27%), IndiabullsReal Estate (2.06%), D L F (1.82%), Anant Raj Industries (1.76%) and D B Realty (1.38%).

The Auto index was at 9,417.15, down by 159.46 points or by 1.67%. The major losers were Ashok Leyland (3.9%), Apollo Tyres (2.2%), Exide Industries (1.73%), Bajaj Auto (1.64%) and Bharat Forge (0.73%).

The IPO index was at 1,818.33, down by 28.09 points or by 1.52%. The major losers were ARSS Infrastructure Projects (2.94%), Aqua Logistics (1.06%), Adani Power (1.04%), Bajaj Corp (0.2%) and Ashoka Buildcon (0.08%).

On the other hand, the FMCG index was at 3,631.91, up by 8.48 points or by 0.23%. The major gainers were Dabur India (1.61%), Colgate-Palmolive (India) (1.39%), I T C (0.44%), Hindustan Unilever (0.38%) and Godrej Consumer Products (0.03%).

Market Breadth

Market breadth was negative with 1,036 advances against 1,832 declines.

Value and Volume Toppers

Shilpi Cable Technologies topped the value chart on the BSE with a turnover of Rs. 1,615.06 million. It was followed by Zandu Realty (Rs. 548.80 million), Suzlon Energy (Rs. 540.40 million) and State Bank Of India (Rs. 522.77 million).

The volume chart was led by Cals Refineries with trades of over 82.95 million shares. It was followed by Shilpi Cable Technologies (33.86 million), Suzlon Energy (9.72 million) and Resurgere Mines and Minerals India (7.68 million).

Top Gainers:

ITC  (185.25) 1.48%

Bhartiartl (361.90) 1.37%

GLAXO (2171.10) 1.04%

Cairn (347) 0.89 %

LT ( 1683) 086 %

Top Losers:

HDIL (186.60) 4.75%

Andhrabank (148.60) 4.62%

Recltd (253.60) 4.34%

GMrInfra (42.05) 4.24%

Sydnibank (121.80) 4.02%