Key indices ended nearly flat today, after five sessions of gains, as investors booked profits at every rise. The Bombay Stock Exchange 30-share Sensex touched a record high of 14035.30 in early trade, but ended at 13949.00, 0.4 per cent away from the 14000 mark. |
The National Stock Exchange 50-share Nifty closed at 4015.95, up 0.20 points, after touching a lifetime high of 4036.20. |
Turnover on both the exchanges together was roughly Rs 13,200 crore, against Rs 13,600 crore on Tuesday. |
CNX Midcap ended down 1 per cent and S&P CNX 500 Index ended down 0.4 per cent. On BSE, declines outnumbered advances 2:1. |
Banks were major gainers among Nifty on value buying. BSE Bank Index, up 0.3 per cent, was the top gainer among BSE indices. ICICI Bank was up 1 per cent at Rs 869 and Oriental Bank of Commerce was up 0.3 per cent at Rs 250. |
Ranbaxy ended 2 per cent up at Rs 391, as the company today got tentative approval from US Food and Drug Administration to market anti-depressant sertraline hydrochloride. It was the top Nifty gainer. |
Bharti Airtel was up 1 per cent at Rs 647 following a Rs 66 crore block deal in foreign institutional investor segment. |
TCS ended up 1 per cent at Rs 1,197, after the company today bagged a five-year multi-million pound contract from UK-based United Biscuits. |
Tata Power Supply ended up 1 per cent at Rs 598, as the company's strategic electronics division Tuesday bagged seven licences from the government to manufacture and supply defence equipment. |
Shares of consumer durables firms ended down, extending their fall from Tuesday. BSE Capital Goods Index, down 3 per cent, was the worst affected. Titan Industries and Videocon Industries were down 2 per cent at Rs 798 and Rs 430. |