Sensex gives up gains, ends 45 pts down, Nifty50 above 7,550

Sensex News - Domestic equity benchmark Sensex witnessed a strong rally in morning trade but gave up all the gains through the day to end in the negative territory, pulled down mainly by bank and auto stocks. Capital goods major L&T rallied as much as 5 per cent after giving out solid sales guidance in December quarter results, which helped market sentiments and lifted the 30-pack index past the psychologically important 25,000 mark.

The S&P BSE Sensex ended the day at 24,824.83, down 0.18 per cent or 45.86 points, while the NSE's Nifty50 reclaimed the psychologically sensitive 7,600 level during intra-day trade before ending the day at 7,555.95, down 0.10 per cent or 7.60 points.

On Friday, the Sensex had closed at 24870.69 while the Nifty50 at 7,563.

The seasonally-adjusted Nikkei India Manufacturing Purchasing Managers' index (PMI) moved to 51.1 in January, signalling expansion.

Top Gainers:

ADANI PORTS & SEZ (3.57%), CIPLA (2.75%), ASIAN PAINTS (2.17%), BHARTI AIRTEL (1.69%), L&T (1.54%)

Top Losers:

ICICI BANK (3.98%), SBI (3.31%), MARUTI SUZUKI (3.01%), AXIS BANK (2.66%), HIND. UNILEVER (1.78%)

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