MUMBAI, SEPT 21: The benchmark BSE Sensex today recovered from an early loss and ended 25 points lower at 26,192.98 on renewed buying interest from foreign investors and heightened rate cut hopes, despite feeble global cues.
The index, which was down 250 points in early trade, bounced back on gains in power, banking and consumer goods stocks.
The index broke below the 26,000-mark in early trade by dropping 250 points to hit a low of 25,972.54 as investors booked profits.
However, across-the-board buying during the mid-session trade helped the index reverse early losses and touch a high of 26,233.46, before closing at 26,192.98, down 25.93 points.
The NSE Nifty fell 4.80 points to 7,977.10.
17 stocks out of the 30-share Sensex ended lower.
Among the BSE sectoral indices, FMCG fell by 0.76 per cent, oil&gas 0.27 per cent, consumer durbales 0.19 per cent and metal 0.08 per cent, while power rose by 1.08 per cent followed by bankex 0.80 per cent, capital goods 0.50 per cent and realty 0.29 per cent.
Small-cap and mid-cap indices also rose 1.21 per cent and 0.44 per cent, respectively.
The market breadth remained positive, as 1,604 stocks ended in green while 1,032 finished negative and 133 ruled steady. The total turnover dropped to Rs 2,357.71 crore from the last Friday’s level of Rs 4,593.90 crore.
