Home » Business » Market Update: Sensex, Nifty End Flat With Positive Buying

Market Update: Sensex, Nifty End Flat With Positive Buying

The Sensex inched up 63 points, or 0.08 percent, to close at 80,050. Nifty had a slim gain of 16 points, or 0.06 percent, to settle at 24,302. In the NSE, 234 companies hit their 52-week high, 8 hit their 52-week low.

In the broader market at the BSE, the Mid-Cap index up by 0.6 percent, while the Small-cap index rose by 0.62 percent.
13 out of 30 companies registered gains in the Sensex index.
The top three gainers today were HCL Tech 2.69 percent, ICICI Bank 2.54 percent and Tata Motors 2.4 percent. Conversely, the three major laggards were, HDFC Bank 2.36 percent, Bajaj Finance 1.97 percent and Larson and Toubro 1.12 percent. In Sectoral Indices at the BSE, 16 out of 20 sectors logged gains.

The top three gainers were, Healthcare 1.17 percent, Information Technology 1.12 percent, and Teck 0.98 percent.

Conversely, FMCG 0.15 percent, Financial Services 0.13 percent and Consumer Durables 0.22 percent were the 3 major laggards.

The overall Market breadth at the BSE was positive. Out of 4,021 Companies, the shares of 2,185 companies advanced, 1,742 declined and 94 remain unchanged.

In the forex market, the Indian rupee just slipped one paisa to close at 83 rupees and 50 paisa against US dollar. The US Dollar, which indicates its strength against a basket of six other leading currencies was down by 0.18 percent at 105.21.

At Multi Commodity Exchange, Gold and Silver prices were mixed today. The precious metal, for August contract, was up by 0.02 percent and trading at 72,420 rupees per 10 grams, whereas Silver for July contract, was down by 0.07 percent and trading at 89,835 rupees per kilogram when the reports last came in.

In the global markets, gold was trading 0.08 percent down at 2,367 dollars and 50 cents per ounce on Comex. Silver was also trading down by 0.64 percent at 30 dollars and 65 cents per ounce in the intra-day session, when the reports last came in.

In the US stock market two out of three major indices ended in the green yesterday. The S&P 500 and Nasdaq closed at fresh records yesterday, continuing their positive streak despite mixed economic signals. Ahead of the holiday, trading volumes were extremely low.

The Dow Jones industrial average was down by 0.06 percent. The Nasdaq increased 0.88 percent, while the S&P 500 gained 0.51 percent.

Oil prices edged lower today, retreating from the previous session’s multi-month highs.

Brent crude was down by 0.56 percent, to 86 dollars and 85 cents per barrel. The U.S. West Texas Intermediate (WTI) crude was down 0.67 percent, to 83 dollars and 32 cents per barrel, when reports last came in.

Leave a Comment