15.39 PM: Closing Bell: Nifty manages to hold 15K amid weakness, Sensex falls 290 pts; pharma stocks gain

Market Close: Benchmark indices erased some of the previous session gains and ended 0.5 percent lower on May 19 dragged by the metal and financials.

At close, the Sensex was down 290.69 points or 0.58% at 49,902.64, and the Nifty was down 77.90 points or 0.52% at 15,030.20. About 1743 shares have advanced, 1249 shares declined, and 166 shares are unchanged.

Tata Motors, HDFC, JSW Steel, M&M and Bajaj Finserv were among the top losers on the Nifty. Gainers included Coal India, Cipla, Sun Pharma, UPL and IOC.

Among sectors, Nifty pharma index gained 1 percent, while metal index shed 1 percent and selling was also seen in the auto, bank and infra names. BSE Midcap and smallcap indices ended in the green.

News Source:- Moneycontrol

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