Mumbai, July 11 (UNI) India’s benchmark indices remained cautious ahead of Union Budget with the BSE Sensex slipping marginally by 27.43 points to settle at 79,897.34 as selling was witnessed in Realty, Auto, and Utilities stocks.
The Union Finance Minister Ms Nirmala Sitharaman will present first General Budget of the Modi 3.0 government on July 23.
The National Stock Exchange (NSE) index Nifty also declined 8.50 points to end the day at 24,315.95.
Seesaw trend was seen during the whole day, as the Sensex opened higher at 80,170.09, surging 246 points, it was a day high. Later, it slipped nearly 460 points at 79,464.38, a day low before closing at 79,897.34 down 27.43 points from its previous close.
The Foreign Institutional Investors (FIIs) were net buyers to the tune of Rs 584 crore and the Domestic Institutional Investors (DIIs) had also bought equities in the cash segment worth Rs 1,082 crore in the last trading session, according to data available.
The stocks that kept the market low were Realty by 1.41 percent, Auto by 0.43 percent, Health care by 0.35 percent and Utilities by 0.19 percent.
The NSE registered days high and low at 24,402.64 and 24,193.75 points respectively.
In 30-share index, 15 advanced while 15 declined. The Mid-cap and small cap indices were up by 0.34 percent each.
The losers were Bajaj Finance by 1.48 percent to Rs 6951.40, M&M by 1.24 percent to Rs 2798.30, NTPC by 1.14 percent to Rs 377.25 and Nestle India Ltd by 1.14 percent to Rs 377.25.
The gainers included ITC by 1.64 percent to Rs 458.70, Tata Motors by 1.52 percent to Rs 1020.75, Asian paints by 0.93 percent to Rs 3023.25 and SBI by 0.88 percent to Rs 856.55.
