Sensex Edges Lower, Nifty Retreats From Record Highs To End Flat

The 30-share BSE Sensex slipped 15.44 factors or 0.02 per cent to shut at 73,142.80 factors with 17 of its constituents closing within the crimson and 13

Mumbai: Benchmark inventory indices Sensex and Nifty edged decrease in a unstable commerce on Friday, reversing early beneficial properties on account of promoting in IT and choose banking shares.

The 30-share BSE Sensex slipped 15.44 factors or 0.02 per cent to shut at 73,142.80 factors with 17 of its constituents closing within the crimson and 13 within the inexperienced.

The index opened increased however later slipped into losses on account of profit-taking by buyers. The barometer oscillated between a excessive of 73,413.93 and a low of 73,022 throughout the day.

The broader Nifty of NSE closed decrease by 4.75 factors or 0.02 per cent at 22,212.70 factors as beneficial properties in FMCG, pharma and monetary shares had been offset by losses in IT and personal financial institution shares.

The 50-share barometer scaled a report excessive of twenty-two,297.50 in intra-day commerce.

Among Sensex shares, HCLTech, Asian Paints, Maruti, JSW Steel, TCS, SBI, ITC and Bharti Airtel had been the main losers.

On the opposite hand, Bajaj Finserv, Mahindra & Mahindra, Titan, L&T and Wipro had been the main gainers.

Reliance Industries rose by round 1 per cent to hit a 52-week excessive intra-day. Its arm Reliance Jio Financial Services soared by greater than 14.5 per cent to hit a 12 months’s excessive degree, taking its market valuation to greater than Rs 2 lakh crore.

Global markets had been principally increased following sharp in a single day beneficial properties in US markets pushed primarily by gorgeous December quarter outcomes by know-how firm Nvidia.

The Shanghai Composite index added 0.6 per cent whereas Hong Kong’s Hang Seng was unchanged. Tokyo’s markets had been closed for a vacation. Germany’s DAX, the CAC 40 in Paris and FTSE 100 in London rose as much as 0.1 per cent.

In the home market, Foreign Portfolio Investors (FPIs) had been web sellers on Thursday as they offloaded securities price Rs 1,410.05 crore.

 

Source: zeenews.india.com

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