ALSO READSensex, Nifty end lower for 2nd session, down 0.8%; Infosys sheds 5.4% Stocks drop for third day as Infosys falls before results Sensex ends 270 points lower, Nifty below 9,850 as Infosys cracks 9% Sensex down over 100 pts, Nifty below 9,200; Infosys dips 2% post results Sensex ends flat, Nifty below 9,800; broader markets underperform
Stock indices settled almost at a flat level on Thursday, but with gains for the third straight session, as domestic investors provided crucial support. The rise came despite an overnight decline on Wall Street and mixed Asian leads after President Donald Trump at a rally warned that he could risk a government shutdown to go for necessary funding to build a wall along the Mexican border. There is also considerable interest in the central bankers' conference in Jackson Hole, which begins today, for more policy pointers. The 30-share Sensex gained 28.05 points, or 0.09 per cent to close at 31,596.06 after shuttling between 31,678.19 and 31,546.05.
The gauge had rallied 309.16 points in the previous two days.The NSE Nifty too closed higher 4.55 points, or 0.05 per cent, at 9,857.05. Intra-day, it moved between 9,881.50 and 9,848.85.