Stock
Markets extended falls for the second consecutive day, led by mix earnings
reaction, weak global cues and heavy mayhem unfolded in Karnataka over govt
formation.
The
BSE Sensex closed lower by 156.06 points to 35,387.88, while the NSE Nifty50 fell
60.75 points to close at 10,741.10 in trade.
BSE
Sector wise, realty gained most at near 2 pc followed by FMCG 1.65 pc and IT
0.18 pc. Energy index cracked most at 1.75 pc, oil & gas 1.58 pc, Bankex
1.17 pc and finance 0.91 pc.
HUL,
ITC, Wipro, Yes Bank, Asian Paints and Sun Pharma were top gainers. On the
other hand, ICICI Bank, Reliance Industries, SBI and Hero Moto Corp were losing
shine.
NSE
Nifty PSU Bank Index declined 3 pc. Conversely, NSE Nifty Realty Index was the
top sectoral gainer, spiking 2.1 pc.
Shares
of ITC jumped 1 pc after the announcement of its Q4 results for the
period ended March 31, 2018. It has posted net profit of Rs.2,932.71 crores for
the above period versus Rs.2,669.47 crores for the same period last year. Shares
of ITC LTD closed at Rs.285.95 up by
1.47 pc.
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