MC-EWDS-31122018

It’s a rather somber end to the market on the last trading session of 2018. Mixed Asian and European cues kept the market in check. The Nifty ended 2018 below 10,900.

Weakness was visible among index heavyweights, which dragged the indices. Meanwhile, among sectors, auto, metals and pharmaceuticals were all trading in the green.

The day began with a gap-up opening, as indicated by trends on SGX Nifty as well as Asian indices. But volatile moves in the subsequent hours ensured that D-Street saw erasing of all its gains.

Selloff in financials, among others weighed on the indices. Automobiles, too, gave up all their gains.