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NSE Nifty ends flat in a see-saw trade

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Press Trust of India Mumbai

Firm Asian cues amid sustained foreign funds inflow in local equities prevented the key index from posting losses to a major extent, a broker said.

Lok Sabha and Rajya Sabha were adjourned for the second day today on FDI in retail and other issues, stalling Government's efforts to push further economic reforms.

The 50-issue Nifty moved in a range of 5,637.75 and 5,593.55 before concluding at 5,626.60, a net fall of 1.15 points, or 0.02 per cent.

Barring Japan, where market was closed today, other Asian bourses ended higher between 0.09 per cent and 3.10 per cent. European stocks were trading narrowly mixed.

 

FIIs picked up shares worth Rs 182.70 crore yesterday, as per data from market regulator Sebi.

Top five losers from the Nifty pack were Ranbaxy (3.18 per cent), NTPC (2.75 per cent), Gail (2.14 per cent), Grasim (1.87 per cent) and Cipla (1.43 per cent). Top five gainers were Asian Paint (2.17 per cent), Bhel (1.54 per cent), HCL Tech (1.46 per cent), Hero MotoCorp (1.22 per cent) and HUL (1.12 per cent).

The turnover in cash segment declined further to Rs 8,684.22 crore from 8,851.72 crore yesterday. Overall, 5,528.99 lakh shares changed hands in 45,77,125 trades. Total market capitalisation stood at Rs 63,62,031 crore.

  

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First Published: Nov 23 2012 | 7:05 PM IST

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