11-Jun-2024 05:27 PM
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New Delhi, June 11 (Reporter) After opening on a positive note, India’s benchmark indices ended flat as the BSE Sensex slipped 33 points from its previous close while the Nifty closed almost flat over 5 points up amidst volatile trading session.
The BSE Sensex closed at 76456.59 as metal, health care, and consumer durable stocks were weak amid weak global cues. While the Nifty NSE) rose 5.65 points to 23264.85.
Even as the government has given clear indication of continuation of the policies with selection of new Council of Ministers who have taken charge of their respective portfolios, the stock market is likely to have “wait and watch” approach.
In the last trading session on Monday, both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) remained net buyers with Rs 2,572 crore and Rs 2,764 crore respectively.
As the market opened, within minutes the Sensex jumped 290 points to 76680.90 and further rallied 370 points at 76860.53 days high. After remaining in the positive territory for most of the day, the Sensex fell in the end due to profit booking in heavy weight shares.
The NSE registered days high and low at 23389.45 and 22206.65 points, respectively.
The stocks that fell were health care by 0.22 percent, metal by 0.09 percent, and consumer durable by 0.04 percent. In 30-share Sensex 15 advanced and 15 declined.
The mid cap rose 0.74 percent and the small cap by 0.95 percent.The losers were Kotak Bank by 1.25 percent to Rs 1723.60, Asian Paints by 1.22 percent to Rs 2901, Reliance Industries by 0.90 percent to Rs 2914, ITC by 0.87 percent to Rs 432.95, and Sun Pharma by 0.76 percent to Rs 1501.
The gainers were L&T by 1.52 percent to Rs 3596, Maruti Suzuki by 1.27 percent to Rs 12865, Tata Motors by 1.24 percent to Rs 986.90, and NTPC by 0.85 percent to Rs 367.65...////...