NIFTY closed below 9000, looses early gain.

Nifty ,Sensex, Bank, Yes Bank, nifty closed below 9000
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Major indices, NIFTY and SENSEX turned negative in the last trading hour.Bear propel NIFTY to closed below 9000 and SENSEX suffered 850 points loss.Yes bank created buzz with gain of 59 %.

Both NIFTY and Sensex had recovered from days early losses after yesterday’s steep losses.NIFTY reached intraday high of 9,403.80 and low of 8,915.60. It recovered some ground in the last few minutes to close at 8,966.90 ,loss of -230.50 (-2.51%). Over all market breadth was negative in Index Nifty : Advances – 16, Declines – 34.

In today’s volatile session Yes bank shined with 59.3% gain to close at 59.10. ZEE entertainment enterprises limited (ZEEL) was the biggest loser with 20.05 % loss to close at 133.00. ZEEL reached a new 52 week low at 131.60. Indus Ind bank,ICICI Bank, Infratel, Tata Motors , Bajaj Finserv limited, Bajaj Finance limited ,GAIL and JSW Steel were major losers in todays trading. These stocks closed about 5-10 % below yesterday’s closing prices. While HUL, Eicher motors,  Maruti, Hero motocorp, Coal India ,Asian paints, Cipla and Power grid closed day with gain of more than 2 % .

SENSEX closed the day at 30,579.09 with -810.98 -2.58% loss. In SENSEX 21 stock declined, while only 9 advanced.

Source: NSE and BSE

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