Weak market Sentiments, Top Stock picks of the day

Equity benchmarks inched lower on Thursday under heavy selling pressure. The BSE Sensex ended lower by 344 points to 33,690.09, while the NSE Nifty was 99.85 points down at 10,124.90.

Crude oil was observed taking a breather in Thursday’s market while the domestic currency was strong against the US dollar.

Wipro, Coal India and HCL Tech, IOC, Kotak bank were the Nifty constituents that closed higher upto 3%. On the flip side, Bharti Airtel, Indiabulls housing finance, UPL Vedanta were leading set of losers. Tata Motors slipped by 2.67% and managed to close at Rs. 166.10 per share on the NSE.

Barring Nifty IT index, which rose upto 0.15 percent, all the sectoral indices have ended in the red.

 In the October series, the Nifty fell close to 8% and the Sensex dipped over 7% amid crude & rupee volatility, amid tepid earnings season.

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