INSUBCONTINENT EXCLUSIVE:
Industries, HDFC Bank, Bajaj Finance, Hindustan Unilever and Infosys helped negate selling pressure in State Bank of India, Mahindra -
an intraday low of 15,450.90 earlier in the session.The Sensex advanced 21 points to close at 52,344 and Nifty 50 index declined 8 points to
settle at 15,683.Seven of 11 sector gauges compiled by the National Stock Exchange ended lower
Nifty Bank staged a strong recovery from intraday lows as the index recovered 878 points from the day's lowest level
stocks faced selling pressure.Mid- and small-cap shares underperformed their larger peers as Nifty Midcap 100 index fell 1 per cent and
Nifty Smallcap 100 index slipped 0.8 per cent.On the stock-specific front, Adani Ports saw short-covering after the hammering received
Bajaj Auto, Hindustan Unilever and Bharti Airtel also gained 1-3 per cent each on the NSE.On the other hand, ONGC, Coal India, JSW Steel and
NTPC lost around 3 per cent each on the NSE.The market breadth was weak
Out of 2,260 stocks traded on the NSE, there were 620 advancing stocks as against 1,327 declines.
