Domestic stock market closed almost flat in volatile trading
Mumbai, 20 April. After Iran’s refusal from the second round of talks with the US, once again due to rising geopolitical tension and rise in crude oil prices, the Indian stock market saw fluctuations throughout the day on Monday, the first day of the trading week and in the end both the benchmark indices closed almost flat.
Sensex closed at 78,520.30 with a slight gain of 26.76 points.
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 78,520.30 points with a marginal gain of 26.76 points or 0.03 per cent. During trading, it also moved to a high of 78,942.45 and a low of 78,203.30 within a total range of 739.15 points. Among Sensex related companies, shares of 12 remained strong and 18 showed weakness.
Nifty closed at 24,364.85, up 11.30 points
On the other hand, the National Stock Exchange (NSE) sensitive index Nifty based on 50 shares increased by 11.30 points or 0.05 percent and closed at 24,364.85 points. Among Nifty related companies, shares of 23 remained in the green and 27 recorded a decline.
Trent’s stocks gained the most by 3.33 percent
Among the companies included in the Sensex group, Trent’s stock had the highest gain of 3.33 percent. Apart from this, shares of State Bank of India, Asian Paints, NTPC, Bajaj Finance and InterGlobe Aviation (ie Indigo) were also major gainers. On the contrary, shares of Larsen & Toubro, Bharat Electronics, HCL Tech and Kotak Mahindra Bank were among the losers.
FIIs bought shares worth Rs 683.20 crore
According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 683.20 crore on Friday. At the same time, global oil standard Brent crude rose by 4.76 percent to reach $ 94.68 per barrel.
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