Stock Market Highlights: Markets end with marginal cuts; Sensex settles near 58100, Nifty defends 17300
Stock Market Today, 7 October, Highlights:
Benchmark indices Sensex and Nifty closed marginally down in volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity markets. Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05 per cent to settle at 58,191.29. During the day, it fell 370.95 points or 0.63 per cent to 57,851.15 but later pared most of the losses. The broader NSE Nifty dipped 17.15 points or 0.10 per cent to end at 17,314.65 as 32 of its stocks declined. Among Sensex shares, Mahindra & Mahindra fell the most by 1.37 per cent. UltraTech Cement declined 1.3 per cent, State Bank of India by 1.28 per cent, Tata Consultancy Services by 1.28 per cent, Bajaj Finance by 0.79 per cent and ITC by 0.77 per cent. Titan bucked the trend and rose the most by 5.27 per cent. Power Grid, NTPC, IndusInd Bank, Maruti, HDFC and Reliance Industries also advanced, helping the index cut losses.
ALSO READ: Nifty50 top gainers and losers: Buy Titan, say analysts; book profits on M&M
In the broader market, the BSE smallcap gauge ended 0.30 per cent higher and midcap index fell by 0.15 per cent. Among the BSE sectoral indices, oil & gas fell by 0.78 per cent, energy (0.72 per cent), metal (0.63 per cent), IT (0.57 per cent) and FMCG (0.52 per cent). However, consumer durables jumped 2.13 per cent, telecommunication (0.91 per cent), industrials (0.52 per cent) and capital goods (0.35 per cent). Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended lower.
Stock Market Today, 7 October, Highlights:
Benchmark indices Sensex and Nifty closed marginally down in volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity markets. Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05 per cent to settle at 58,191.29. During the day, it fell 370.95 points or 0.63 per cent to 57,851.15 but later pared most of the losses. The broader NSE Nifty dipped 17.15 points or 0.10 per cent to end at 17,314.65 as 32 of its stocks declined. Among Sensex shares, Mahindra & Mahindra fell the most by 1.37 per cent. UltraTech Cement declined 1.3 per cent, State Bank of India by 1.28 per cent, Tata Consultancy Services by 1.28 per cent, Bajaj Finance by 0.79 per cent and ITC by 0.77 per cent. Titan bucked the trend and rose the most by 5.27 per cent. Power Grid, NTPC, IndusInd Bank, Maruti, HDFC and Reliance Industries also advanced, helping the index cut losses.
ALSO READ: Nifty50 top gainers and losers: Buy Titan, say analysts; book profits on M&M
In the broader market, the BSE smallcap gauge ended 0.30 per cent higher and midcap index fell by 0.15 per cent. Among the BSE sectoral indices, oil & gas fell by 0.78 per cent, energy (0.72 per cent), metal (0.63 per cent), IT (0.57 per cent) and FMCG (0.52 per cent). However, consumer durables jumped 2.13 per cent, telecommunication (0.91 per cent), industrials (0.52 per cent) and capital goods (0.35 per cent). Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended lower.
Latest Updates
Top gainers
13 stocks ended in green and performed in the range of 0.09 per cent to 5.27 per cent.
Rupee vs Dollar: INR hits all-time low, slides past 82 mark for second time in row
Rupee on Friday fell 15 paise to close at an all-time low of 82.32 (provisional) against US dollar as a firm American currency and risk-averse sentiment among investors weighed on the local unit.
Nifty Bank ends lower by 0.27 per cent
Among top losers were IDFC First, SBI and ICICI Bank
Market This Week
Nifty 50 +1.28%
Sensex +1.33%
Bank Nifty +1.41%
Nifty Smallcap +2.6%
Nifty Midcap +2.5%
Nifty Gainers
Coal India
ONGC
JSW Steel
Hindalco Industries
Titan
Nifty Lossers
Adani Enterprises
Eicher Motors
Hindustan Unilever
Tata Consumer Products
Mahindra & Mahindra
Top Cash Gainers
Mazagon Dock
Cochin Shipyard
Poly Medicure
JSW Energy
Godfrey Philips
Top Cash Lossers
Godrej Consumer Products
Aavas Financiers
Suven Pharma
JM Financial
Dbur India
Top Gainers Sector Wise
Nifty Reality +3.37%
Nifty Metal +2.88%
Nifty IT +2.75%
Closing Bell
Benchmark indices closed in red with marginal cuts. While Sensex finished near 58100, Nifty defended 17300. 
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Gold rises Rs 37; silver gains Rs 311
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