Closing market updates for 22 June 2016

Money Maker ResearchMarkets ended lower for the second straight session as investors turned cautious amid uncertainty over the outcome of Britain’s referendum on Thursday whether to remain in the European Union or not. The Sensex ended down 47 points at 26,766 and the Nifty ended down 16 points at 8,204. Global crude oil prices stayed above the $50/barrel mark. The US government’s Energy Information Administration will issue official stockpile data later today. Meanwhile, the Cabinet today approved the base price and other auction terms for the upcoming sale of mobile phone spectrum, likely to start in August. The Cabinet also extended the deadline for applying for the power sector reform scheme Ujwal Discoms Assurance Yojana (UDAY) by this fiscal.
Highest OI increase w.r.t to increase in price was seen in and Highest OI increase w.r.t to DLF Decrease in price was seen in BHEL.