NSE Nifty lost 18.85 points.
NSE Nifty lost 18.85 points.
Benchmark indices ended on a flat note on Thursday, with the Sensex falling over 8 points as fag-and volatility wiped out intra-day gains amid weak global trends.
The BSE benchmark Sensex slipped 8.03 points or 0.02% to end at 53,018.94. During the day, it closed at 53,377.54, up 350.57 points or 0.66%.
The NSE Nifty fell 18.85 points, or 0.12%, to 15,780.25.
Tech Mahindra, Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, Tata Steel and IndusInd Bank were the major laggards in the Sensex pack.
Conversely, Axis Bank, State Bank of India, Kotak Mahindra Bank, NTPC and Larsen & Toubro were the major gainers.
Elsewhere in Asia, markets in Tokyo, Seoul and Hong Kong closed lower, while Shanghai settled in the green.
European markets were trading with a fall in mid-session deals.
On Wednesday, the US markets closed with a mixed trend.
Vinod Nair, Head of Research, said, “Asian and European markets struggled to regain ground amid fears of a global recession, propelled by the US dollar, which benefited from safe-haven demand. FII sales almost exhausted. Provides comfort to the troubled Indian market.” Geojit Financial Services.
Meanwhile, international oil benchmark Brent crude fell 0.04% to $116.2 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 851.06 crore on Wednesday, according to exchange data. PTI Yoga Yoga Abm Abm