Markets end on flat note in choppy trade

Jun 30, 2022
Markets end on flat note in choppy trade

Benchmark indices ended on a flat notice on Thursday, with the Sensex dipping 8 factors as fag-end volatility worn out intra-day positive factors amid weak world tendencies.

The BSE benchmark Sensex slipped 8.03 factors or 0.02 per cent to settle at 53,018.94. In the course of the day, it had gained 350.57 factors or 0.66 per cent to 53,377.54.

The NSE Nifty fell 18.85 factors or 0.12 per cent to fifteen,780.25.

Among the many Sensex pack, Tech Mahindra, Bajaj Finance, Bajaj Finserv, M&M, Tata Metal and IndusInd Financial institution had been among the many main laggards.

In distinction, Axis Financial institution, State Financial institution of India, Kotak Mahindra Financial institution, NTPC and Larsen & Toubro had been the outstanding gainers.

Elsewhere in Asia, markets in Tokyo, Seoul and Hong Kong ended decrease, whereas Shanghai settled within the inexperienced.

European markets had been buying and selling decrease in mid-session offers.

The US markets ended on a combined notice on Wednesday.

“Asian and European markets struggled to regain footing amid world recession fears, resulting in a resurgent US greenback, which benefitted from safe-haven demand. FII promoting nearing exhaustion supplied consolation to the jittery Indian market,” stated Vinod Nair, Head of Analysis at Geojit Monetary Providers.

In the meantime, worldwide oil benchmark Brent crude dipped 0.04 per cent to USD 116.2 per barrel.

International institutional traders (FIIs) remained web sellers within the capital market, as they offered shares price 851.06 crore on Wednesday, as per change information.