The BSE sensex closed negative on the settle day

Mumbai June 25:The BSE sensex closed negative on the settle day of the June series by 0.53 percent. The 30-share BSE Sensex down by 0.53 per cent or 77.11 points closed at 14,345.62 and Nifty slipped 1.19 per cent or 51.10 points, to close at 4241.85.


The benchmark had risen as much as 1.1 percent in the morning as investors covered their short positions on the last day of monthly derivatives contracts.


The 50-share NSE index slipped down by 0.7 percent ended at 4,264.80 points.
But the overall breadth of the market remained positive on the BSE, with gainers edging out losers by 1,405 to 1,220 while 78 stocks remained unchanged


Realty and banking stocks, posted some gains today. Banking stocks which performed poorly yesterday have given momentum today and the banking index ended 0.4 per cent higher. Unitech was the biggest gainer in the realty space. The stock surged 5.2 per cent to Rs 82. The company today said it was seeing a pick up in demand for new residential projects.



In the BSE Sensex 30 shares 11 stocks gained while 19 stocks ended in red.



Major Losers

Tata Motors down by 5.4 per cent to Rs 337.
Sun Pharma
Maruti Suzuki