The Sensex closed marginally lower in volatile trade today ahead of the
release of April-June quarter GDP data scheduled later in the day. The
30-share Sensex closed 45 points, or 0.12 per cent lower to 38,645
level. It hit intra day high of 38,838 and intra day low of 38,562 level
in trade today. It lost 206.53 points in the previous two sessions.
The Nifty ended marginally higher by 3 points to 11,680 level.
Tata Motors (2.87%), PowerGrid (2.37%) and Sun Pharma (1.99%) were the top Sensex gainers.
Investors built up fresh positions as September futures and options (F&O) series opened today, brokers said.
volatility remained as the rupee hit the 71 mark for the first time and
other global markets were trading in the negative zone on worries
prompted by a report that new US tariffs on China were imminent, they
Investors are also eyeing GDP data for April-June quarter that will be released later in the day.
Sensex loser was YES Bank closing 5.11% or 18.50 points lower at
343.40. The stock fell a day after the Reserve Bank of India approved
reappointment of Rana Kapoor as managing director and CEO till further
notice from the central bank.
Market heavyweight Reliance Industries fell 2.6 percent to close at 1240 level.
foreign portfolio investors (FPIs) bought shares worth a net of Rs
958.01 crore yesterday, while domestic institutional investors (DIIs)
sold shares worth a net of Rs 1,598.67 crore, provisional data showed.