Mkts end flat after remaining volatile
Mkts end flat after remaining volatile
The sensex closed at 13,183.24 after touching the day's high of 13,294.90 and a low of 13,161.21 points.

New Delhi: It was yet another day of consolidation and the markets ended flat after remaining volatile throughout the day.

The benchmark Sensex ended almost flat with a marginal fall of six points on the Bombay Stock Exchange on Wednesday on heavy selling by funds at the fag end.

The sensex closed down 6.30 points at 13,183.24 after touching the day's high of 13,294.90 and a low of 13,161.21 points.

However, the National Stock Exchange index Nifty was little higher by 14.50 points at 3862.65. It touched a high of 3876.35 and a low of 3844.75 points.

Smallcap outperformed the frontline indices and midcaps did well in pockets. BSE sector indices ended mixed. Metal index was up over 3.6 per cent followed by capital goods index. However, bank, healthcare and IT ended in red.

On the stock front, Hindalco, Tata Steel and Bharti Airtel were top gainers on indices. Suzlon did well and ended higher but no such luck with Jet Airways. Oil stocks also ended weak.

Tata Steel shares rose by Rs.16.30 at Rs.511.85, extending a five-day rise on the BSE, ahead of the company's board meeting slated for April 17 to discuss plans to raise funds to purchase UK's Corus Group.

What's your reaction?

Comments

https://lamidix.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!