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		<img align="" alt="Stock brokers" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-06/03/full/1591167883-5176.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Stock brokers" width="620">
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		The S&P BSE MidCap index slipped 0.6 per cent to 13,702.55 levels (Photo credit: Kamlesh Pednekar)</div></div>

Stock brokers

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	The Indian stock market ended Friday&#39;s volatile session on a flat note with negative bias led by selling in financial, auto, and metal counters. However, Reliance Industries (RIL) and IT stocks gave much-needed support.&nbsp;</div>
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	The S&P BSE Sensex today ended at 38,129, down 12 points or 0.03 per cent while NSE&#39;s Nifty ended 21 points or 0.19 per cent lower at 11,194 points.&nbsp;</div>
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	Of 30 stocks on Sensex, 23 declined and the rest 7 advanced. HCL Tech (up over 4 per cent) ended as the top gainer on the index, followed by RIL (up 4 per cent) and Tech Mahindra (up over 3 per cent). On the flip side, Axis Bank (down over 3 per cent) emerged as the biggest loser.&nbsp;</div>
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	During the day, the index hit a high and low of 38,235.73 and 37,748.41, respectively.&nbsp;&nbsp;<br />
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	On a weekly basis, Sensex rallied 3 per cent while Nifty gained 2.68 per cent.&nbsp;<br />
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	Among individual stocks, Reliance Industries continued to soar and hit a new high of Rs&nbsp;2,162.80 on the BSE. The market capitalisation of the company breached Rs 14 trillion today. The stock ended at Rs&nbsp;2,146, up over 4 per cent on the BSE. <a href="https://www.business-standard.com/article/markets/ril-surges-5-to-hit-fresh-record-high-market-cap-crosses-rs-14-trillion-120072400855_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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		Shares of Mphasis jumped over 14 per cent to Rs&nbsp;1,118.70 on the BSE after the company&rsquo;s April-June quarter (Q1FY21) earnings came in-line with Street estimate. Besides, signing of new deal worth $216 million deal in July 2020, in addition to the Q1 TCV declared wins worth $259 million, boosted sentiment. <a href="https://www.business-standard.com/article/markets/mphasis-rallies-9-post-in-line-june-quarter-results-deal-wins-120072400336_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	In the broader market, the S&P BSE MidCap index slipped 0.6 per cent to 13,702.55 while the S&P BSE SmallCap ended at 12,967, down 0.23 per cent.&nbsp;<br />
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	On the sectoral front, barring Nifty IT, all the other indices ended in the red. Nifty Bank declined 422 points or 1.83 per cent to 22,662 while Nifty Metal slipped over 2 per cent to 2,087.50 levels. Nifty IT, on the other hand, gained 1.4 per cent to 17,286 levels.&nbsp;<br />
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	<strong>Global markets</strong></div>
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	Global shares skidded further from five-month peaks on Friday as a bounce-back in European business activity did little to ease the jitters surrounding Sino-US tensions, while gold approached a record high.</div>
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	European shares were on course for their worst day in a month, with the pan-region Euro Stoxx 50 down 1.9 per cent.</div>
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	MSCI&rsquo;s broadest index of Asia-Pacific shares outside Japan lost 1.9 per cent. Tokyo was closed for a holiday, but Nikkei futures were trading 1 per cent lower.</div>
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	E-Mini futures for the S&P 500 edged down 0.8 per cent.</div>
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	Oil prices edged higher, supported by a weaker dollar, though tensions between the United States and China weighed.</div>
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	<strong><em>(With inputs from Reuters)</em></strong></div>

MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

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MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194 | News on Markets - Business Standard

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MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

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