Home Economy Indian markets end on flat note

Indian markets end on flat note


Mumbai : Indian equities markets Monday ended trade on a dull note even as blue chip stocks Sterlite and HDFC registered handsome gains.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,692.26 points, closed at 17,745.28 points, 51.08 points or 0.29 percent higher than its previous close at 17,694.2 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,322.45 points, a gain of 0.35 percent or 18.35 points from its previous close at 5,304.1 points.

Broader market indices also closed in the green with the BSE midcap index ending 0.59 percent higher and the BSE smallcap index up 0.49 percent.

Metals, PSUs and banking stocks were among the major gainers, while realty and energy scrips came under selling pressure.

Top gainers on the 30-scrip Sensex were Sterlite Industries, up 5.95 percent at Rs.842.50; HDFC, up 3.95 percent at Rs.2,827.40; Hindalco, up 3.34 percent at Rs.184.25; and HDFC Bank, up 2.39 percent at Rs.1,990.90.

Major losers included Sun Pharma, down 4.77 percent at Rs.1,604.25; DLF, down 2.52 percent at Rs.323; Maruti Suzuki, down 1.97 percent at Rs.1,335; and RIL, down 1.61 percent at Rs.1,069.80.

Most other Asian markets ended the day with gains.

The Japanese Nikkei shut shop with a 2.3 percent gain at 11,165.79 points, while the South Korean Kospi ended trade in the green at 1,752.2 points, up 0.87 percent.

The Hong Kong’s Hang Seng ended 1.61 percent higher at 21,587.06 points. However, the Chinese Shanghai composite index closed in the red, down 0.47 percent at 2,969.5 points.

European markets were in the green at the time of closing bell here.

The FTSE 100, the benchmark index of the London Stock Exchange, was ruling at 5,766.22 points, up 0.74 percent, while its German peer, DAX, was trading 0.97 percent higher at 6,320.27 points.

The French CAC 40 index was also in the green at 3,998.43 points, up 1.19 percent.