BSE SENSEX and NIFTY both benchmarks closed on negative grounds. The BSE benchmark fell 72.36 points to 16,844.72 and the NSE benchmark was down 17.15 points to 5109. The Indian rupee too recovered from day's low of 56.41 to 56.21. HCL TECH was amongst the top gainers with 6.7% change due to whopping Q1 results. Cigarette major ITC rallied 1.3% while private sector lender HDFC BANK gained 0.6%. Shares of ICICI BANK, TCS and INFOSYS turned positive. FMCG major HUL remained lower by more than 2%, L&T and public sector lender bank SBI went down .75%. Among metal and mining stocks, Sterlite, Hindalco, Coalindia, and Tatasteel dropped by 1-2% whereas Jindalsteel tanked 4%.
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