Nifty ends below 11,050 ahead of F&O expiry

Share benchmarks resumed fall on Wednesday, investors adopted a cautious stance ahead of Thursday’s Future and Option (F&O) expiry. The BSE Sensex closed the day 109.79 points down at 36,542.27, while the NSE Nifty settled at 11,053.80, down 13.65 points in trade. The BSE Midcap and Smallcap index edged higher 0.42% higher and 0.12% respectively.

Tata Motors was the top loser while Vedanta emerged to be the best performer on the Sensex pack. On the other hand, YES Bank, Reliance, Tata Steel and L&T were among other Sensex gainers.

Among the sectoral indices on BSE, stocks in FMCG, IT and auto were among the worst sectoral laggards, while realty, metal, energy capital goods, and basic materials jumped over 1%.

Shares of sugar mills declined after Cabinet approves Rs 4,500-crore package to sugar industry. Sugar stocks such as Dhampur Sugar Mills went down (-9.41%), Avadh Sugar & Energy (-6.20%), Uttam Sugar Mills (-6.13%), Dalmia Bharat Sugar (-5.03%), Magadh Sugar (-5%), Balrampur Chini (-5.62%) and Mawana Sugars (-4.92%).

Share