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Markets end Lower, Pharma stock rise


Markets ended with a negative zone, continuing the bearish sentiments from the last trading session. The Sensex declined 1,375-pt to close at 28,440 while the NSE Nifty-fifty closed 379-pts lower at 8,281.

Sectoral indices witness selling pressure with Realty index falling most, down 7.75-pc, followed by the Nifty financial service-down by 7.43-pc, Nifty Bank/Private banking index slipped over 6-pc, while Pharma stocks advanced-up 1.36-pc and the FMCG up by 0.67-pc for the day.

Top Nifty gainers include Cipla, Tech Mahindra, Nestle India, Dr Reddy’s and Axis Bank, while losers mainly were Bajaj Finance, HDFC, Kotak bank, HDFC Bank and Axis bank, by 11 – 8 percent each. Get the latest best stock updates  and all time  top stocks tips  from here.