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Sensex, Nifty end lower; auto outperforms, GAIL jumps 5%

Discussion in 'Stock Market News & Analysis' started by chetanepic, May 6, 2016.

  1. chetanepic

    chetanepic New Member

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    Led by select banks and auto stocks, the Nifty and the Sensex recovered in last hour of trade to outperform its global peers. The Nifty ended down 2.05 points at 7733.45 while the Sensex slipped 33.71 points at 25228.50.

    Asian markets traded mostly in the negative territory ahead of the crucial US non-farm payrolls data for the month of April.

    Oil prices have fallen as a consequence of a strong dollar. The dollar strengthened against the euro and yen ahead of the US jobs data.

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