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Market close: Sensex at 52,852.27 and Nifty at 15,824.45

(G.N.S) Dt. 26

Mumbai

On the first day of the week market ends with a drop, The 30-share BSE benchmark closed at 52,852.27 levels, down 123.5 points or 0.23 per cent, while the broader NSE closed 32 points or 0.2 per cent lower at 15,824-mark. The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

Tata Motors shares ended down 0.8% ahead of the company’s first-quarter results. The Nifty auto index was down about 0.6%.
Shares of Kotak Mahindra Bank ended up 1.02% after it beat expectations for June-quarter net profit.

But the overall bank index ended down 0.24%, pulled lower by RBL Bank, Bandhan Bank and State Bank of India.

Axis Bank and Larsen and Toubro are due to report their quarterly results later in the day.

Zomato Ltd shares were up 13%, still in demand on their second day of trading after last week’s listing. Shares of the food delivery firm had surged 65.8% in their debut.

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