Amidst ups and downs, the stock market closed almost flat, Sensex weakened by 40 points, Nifty returned after crossing 26000.
Mumbai, 11 February. After rising for three consecutive trading sessions, domestic stock markets closed almost flat on Wednesday amid ups and downs. During limited trading, the gains seen till noon due to buying in public sector banks and auto stocks were wiped out by losses in IT stocks. In this sequence, while BSE Sensex fell by 40 points, NSE Nifty returned after crossing the level of 26,000 and closed with a rise of 19 points.
Sensex 0.05Closed at 84,233.64 points with a slight decline of %
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 84,233.64 points with a slight decline of 40.28 points or 0.05 per cent. During trading it reached a high of 84,487.24 points and a low of 84,081.25 points. Among Sensex related companies, shares of 14 strengthened and 16 declined.
Nifty closed at 25,953.85, up 18.70 points
At the same time, the National Stock Exchange (NSE) sensitive index Nifty based on 50 shares closed at 25,953.85 points, increasing by 18.70 points or 0.07 percent. The index saw a high of 26,009.40 points and a low of 25,899.80 points during trading. Among Nifty related companies, shares of 28 closed in the green and 22 were weak.
TCS stock fell the most by 2.51 percent
Among the companies included in the Sensex group, the stock of Tata Consultancy Services (TCS) saw the biggest decline of 2.51 percent. Infosys, HCL Technologies, Eternal, ITC, Tech Mahindra, Axis Bank, HDFC Bank, UltraTech Cement, Titan, Adani Ports, Bajaj Finserv and Tata Steel were also major losers.
SBI shares gained the most by 3.40 percent
On the other hand, among the gainers, State Bank of India (SBI) shares gained the most by 3.40 percent. Maruti Suzuki India, Indigo, Trent, Reliance Industries, NTPC, Bajaj Finance, ICICI Bank, Sun Pharmaceuticals, Hindustan Unilever and Bharat Electronics Ltd. Stocks also remained in profit.
FII bought shares worth Rs 69.45 crore
According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 69.45 crore on Tuesday, while domestic institutional investors (FPIs) bought shares worth Rs 1,174.21 crore. Global oil benchmark Brent crude rose 1.44 percent to $69.78 a barrel.
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