Stock Market Highlights: Sensex ends 366 pts decrease, Nifty slips under 16,500 dragged by monetary, auto shares; Nifty Bank down 1%

Market At Shut | Monetary shares a significant drag on headline indices

Listed below are some highlights: 

–Monetary, cement, insurance coverage shares high losers

–UltraTech, HDFC Life, Shree Cement, SBI Life high Nifty losers

–Paint shares slip, oil & gasoline shares rise on greater crude costs

–ONGC high Nifty gainer, Asian Paints amongst high losers

–Dr Reddy’s continues to fall over Russia-Ukraine disaster, down 11 % to date this week

–Insurance coverage shares reverse Wednesday’s positive factors; HDFC Life down 5 %, SBI Life 3 %

–UPL surges 4 % after Bloomberg’s report of co drawing takeover curiosity; UPL consultant says co denies report

–IT shares rise; Nifty IT up 1 %; Wipro, Tech Mahindra high gainers

–Market breadth in favour of the bulls; advance-decline ratio at 3:2

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