The Sensex was down 179.53 points at 38877.12, while Nifty was down 69.20 points at 11,644.

Apr 03, 03:34 PM (IST)
Market Close: Benchmark indices ended near day’s low after Skymet predicts below normal monsoon due to developing El Nino.

Sensex and Nifty touched record high in the early trade today.

At close, the Sensex was down 179.53 points at 38877.12, while Nifty was down 69.20 points at 11,644. About 998 shares have advanced, 1574 shares declined, and 157 shares are unchanged

BPCL, Zee Entertainment, IOC, SBI and GAIL were the top losers on the Nifty, while gainers were Indiabulls Housing, Maruti Suzuki, Bajaj Finserv, HCL Tech and JSW Steel.

All the sectoral indices ended in red led by PSU bank (down 2.5 percent) followed by pharma, infra, energy, IT, metal, auto and FMCG.

Apr 03, 03:22 PM (IST)
Shares of oil marketing companies slipped 2-4 percent on April 3 as Brent crude oil price inching towards USD 70 per barrel mark.

Apr 03, 03:15 PM (IST)
Sahaj Agrawal, Kotak Securities:

After a strong rally seen in the recent past Nifty currently is in consolidation phase. Tech parameters suggest possibility of extended consolidation before the up move resumes. We continue to believe the bias remains positive and suggest buying on dips.

Meaningful support on the downside is seen at 11,200-11,300; expect volatility to remain high in the near term. On the higher side we would expect 12,300-12,500 on Nifty. Banking is expected to witness some profit booking while metals and select auto stocks trade with a positive bias.

Apr 03, 02:43 PM (IST)
National Fertilizers has made ever best fertilizer sale of 48.92 lakh MT in the financial year 2018-19. It include urea sale of 42.68 lakh MT. There has also been a quantum jump in the sale of other fertilizers including DAP and NPKS, which stands at 5.97 lakh MT (3.93 lakh MT- previous year).

source: moneycontrol.com