MARKET ANALYSIS
The S&P BSE Sensex snapped its eight-day-long winning streak on Wednesday, as it ended the volatile session in the red ahead of the January F&O series expiry.
The 30-share index ended at 29,547.63, down 23.41 points or 0.08 percent. It touched an all-time high of 29,786.32 and an intraday low of 29,417.67 in trade today.
The Nifty closed at 8,907.90, down 2.60 points or 0.03 per cent. It touched an all-time high of 8,985.05 and a low of 8,874.05 in trade today.
Reliance (up 2.17 percent), HDFC (up 2.08 percent), Wipro (up 2.03 percent), ONGC (up 1.56 percent) and TCS (up 1.17 percent) were among the Sensex gainers.
Bharti Airtel (4.69 percent), Sesa Sterlite (3 percent), Tata Motors (2.83 percent), L&T (2.75 percent) and Tata Steel (2.01 percent) were among the index losers.
The market breadth was negative on the BSE with 1124 gainers against 1740 losers.
ECONOMY ANALYSIS
Sensex ends in red, Nifty at new closing high; HDFC up 2%- Ranbaxy posts Q3 loss of Rs 1030 cr; revenue at Rs 2619 cr
- Adani Power reduces Q3 loss to Rs 428.7 cr, revenue up 31%
- Jaiprakash Power likely to default on $200 mn convertible bonds
- Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr
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