Know how the Markets fared today

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Know how the Markets fared today
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The Nifty ended with modest losses on Tuesday as traders preferred to book profit post Monday's smart gains even though strong overseas cues and weak commodity prices provided just the right trade setup.

Nifty fell 6 points to close at 8,454, after hitting a high of 8,478 in late afternoon trade. The Advance-Decline Ratio was 1:1 with Coal India, Infosys, BPCL, Hindustan Unilever and Lupin leading the gainers' list. Commodity plays such as Vedanta, Cairn, Hindalco were major losers along with State Bank of India and Tata Motors.

The Sensex lost 28 points at 27,933 with an positive Advance-Decline Ratio of 16:13. Hero Motors, BHEL and Wipro were major gainers with ICICI, HDFC and ITC bringing up the rear. Tata Motors was the top traded counter on the Sensex, as also its top loser. Nearly 43 crore rupees worth of Tata Motors' shares changed hands on the BSE alone.

The broader Advance-Decline Ratio stood at 1,554 gaining traction compared with 1,275 that lost ground.

Oil marketing companies were major gainers in trade after six world powers and Iran signed a deal aimed at curbing Tehran's nuclear ambitions while removing sanctions on its oil exports.
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Dr. Reddy's hit a fresh high after launching a generic drug aimed at Dementia patients in the US. Both Eicher Motors and Page Industries lost ground after global brokerage Credit Suisse downgraded its ratings on the stocks.

And in the derivatives space, JP Associates, JSW Energy and Dabur were the top gaining futures in a segment where the Advancers and the Losers were evenly matched at 1:1.

(Image credit: Indiatimes)