Sensex ends negative at 35387.88 points as political uncertainty in

Sensex to touch all-time high as BJP inches towards victory in Karnataka polls

Sensex to touch all-time high as BJP inches towards victory in Karnataka polls

The Indian equity markets ceded their initial gains to close Thursday's trade session in the red as negative global cues like rise in crude oil prices eroded investors risk-taking appetite.

Sector-wise, heavy selling pressure was witnessed in automobile, healthcare and capital goods stocks.

The barometer Sensex of the BSE, which had opened at 35,483.62 points, closed at 35,149.12 points (3.30 p.m.) - lower by 238.76 points or 0.67 per cent - from the previous day's close at 35,387.88 points.

The Sensex fell 495.61 points or 1.37% from its intra-day high to close the session at 35,543.94. On the BSE, 1,392 stocks rallied, 1,232 stocks declined, while 130 stocks remained unchanged.

Apart from political uncertainty in Karnataka, a weak trend in other Asian bourses following overnight losses at the Wall Street dampened sentiments, brokers said. China's Shanghai Composite Index too inched 0.25 percent.

The equity market was ended on a weaker note as USA and Asian shares declined amid rising geopolitical tensions in the Korean peninsula.

Meanwhile, the Indian Rupee rose by five paise to trade at Rs.67.74 against one United States dollar.

Shares of Nucleus Software Exports Limited (NSE:NUCLEUS) last traded at 398.2, representing a move of -2.66%, or -10.9 per share, on volume of 33,633 shares. Foreign portfolio investors (FPIs) net sold shares worth Rs 699 crore, while domestic institutional investors (DIIs) bought shares worth Rs 229 crore yesterday, as per provisional data.

The Small-Cap index edged up 0.06 per cent.

On the other hand, Wipro (1.53%), Hindustan Unilever (0.70%), Tata Steel (0.46%), Tata Consultancy Services (0.42%), NTPC (0.38%), and Kotak Mahindra Bank (0.35%) were the biggest gainers in the Sensex.

Among the Nifty50 stocks, Hindalco was the top loser, down 2.8 per cent followed by UPL, ITC, HDFC and Bharti Airtel, which fell between 2-2.5 per cent.

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