Nifty ends above 4,900; auto, banks, pharma down


31/05/2012 14:49 AST  The Economic Times

The Nifty pared most of the intraday losses on the back of short coverings and closed above 4,900 on the expiry day of May F&O series. Losses were led by auto, banking and capital goods sectors while realty and technology stocks closed higher.

The Nifty closed at 4,939.40, down 11.35 points, or 0.23 percent. The 50-share index touched an intraday high of 4,949.25 and a low of 4,883.55.

The Sensex ended at 16,268.10, down 44.05 points, or 0.27 percent. The index touched an intraday high of 16,277.48 and a low of 16,086.06.

The BSE Midcap Index was up 0.58 percent and the BSE Smallcap Index was 0.54 percent lower.

Among sectoral indices, the BSE Auto Index fell 1.90 percent, the BSE Bankex was down 0.73 percent, the BSE Capital Goods Index declined 0.42 percent and the BSE Healthcare Index fell 0.18 percent. The BSE Realty Index was up 1.39 percent.

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