Nifty below 12,200-mark; ahead of Dec F&O expiry


Equity benchmark indices slipped further in the noon trade ahead of the expiry of December futures and options (F&O) contracts. The Nifty was trading below 12,200 marks, down by 28 points at 12,186-mark. The Sensex was also down 98 points at 41,363.

The market breadth was positive on the NSE, 1,010 shares rose and 711 shares fell. A total of 413 shares were unchanged. 

Except metal and auto, all sectoral indices were trading in the red on the Nifty.

IOC, Yes Bank, Bharti Airtel and Coal India were top laggards on the Nifty, while gainers include Vedanta, JSW Steel, Tata Steel and Eicher.

Shares of auto ancillary stocks gained in today’s trade, with Rane Engine Valve, Rane (Madras) has zoomed 20% each, Sterling Tools climbed 14%, Lumax Auto gained 10%, Minda Industries are up 2%, respectively.

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