Markets end flat amid range bound trade

HDFC Bank among top Sensex losers

ended flat on Thursday, amid a range bound session, following the expiry of April futures and options series.

The 30-share provisionally ended down 32 points at 17,119 and the 50-share ended down 10 points at 5,192.

______________________________________

(Updated at 14:26 hrs)

continued to trade flat in late noon trades ahead of the F&O expiry for the April series. The was down 5 points at 17,146 and the was down 5 points at 5,196.

On the global front, Asian are trading flat with a positive bias with the exception Shanghai Composite which ended slightly down. European shares were trading  marginally higher in early trades. The CAC-40, DAX and FTSE-100 were trading mixed.

Back home, near-month futures contracts was trading at 5,192, a slight discount to the spot market ahead of their expiry today.

On the sectoral front, BSE Metal and IT indices are the while Auto and PSU and Power indices are down nearly 0.6% each.

Among shares, Infosys was up 0.7% while TCS gained 1%.  In the metal space Jindal Steel was up 3.7% at Rs 496 and Tata Steel was up 1.2% at Rs 472.

In the auto segment, two-wheeler majors Bajaj Auto and Hero MotoCorp were both down 3% each.

Other include Hindustan Unilever, SBI, HDFC Bank and Bharti Airtel.

Meanwhile, Asian Paints and Bank of Baroda both up nearly 1% each ahead of their inclusion in the 50-share index from Friday. Further, Reliance Communications was down 1.4% and Reliance Power was down 0.3% as both scrips will be excluded from the Nifty.

Among other shares United Phosphorous was down 5% after the Competition Commission of India (CCI) has levied a penalty of Rs 252.44 crore on United Phosphorus for discrepancies in bidding in a tender of Food Corporation of India (FCI) and collective boycott of another tender of FCI.

The market breadth on the BSE was negative with 1,454 and 1,091 gainers.

image
Business Standard
177 22
Business Standard

Markets end flat amid range bound trade

HDFC Bank among top Sensex losers

SI Reporter  |  Mumbai 

ended flat on Thursday, amid a range bound session, following the expiry of April futures and options series.

The 30-share provisionally ended down 32 points at 17,119 and the 50-share ended down 10 points at 5,192.

______________________________________

(Updated at 14:26 hrs)

continued to trade flat in late noon trades ahead of the F&O expiry for the April series. The was down 5 points at 17,146 and the was down 5 points at 5,196.

On the global front, Asian are trading flat with a positive bias with the exception Shanghai Composite which ended slightly down. European shares were trading  marginally higher in early trades. The CAC-40, DAX and FTSE-100 were trading mixed.



Back home, near-month futures contracts was trading at 5,192, a slight discount to the spot market ahead of their expiry today.

On the sectoral front, BSE Metal and IT indices are the while Auto and PSU and Power indices are down nearly 0.6% each.

Among shares, Infosys was up 0.7% while TCS gained 1%.  In the metal space Jindal Steel was up 3.7% at Rs 496 and Tata Steel was up 1.2% at Rs 472.

In the auto segment, two-wheeler majors Bajaj Auto and Hero MotoCorp were both down 3% each.

Other include Hindustan Unilever, SBI, HDFC Bank and Bharti Airtel.

Meanwhile, Asian Paints and Bank of Baroda both up nearly 1% each ahead of their inclusion in the 50-share index from Friday. Further, Reliance Communications was down 1.4% and Reliance Power was down 0.3% as both scrips will be excluded from the Nifty.

Among other shares United Phosphorous was down 5% after the Competition Commission of India (CCI) has levied a penalty of Rs 252.44 crore on United Phosphorus for discrepancies in bidding in a tender of Food Corporation of India (FCI) and collective boycott of another tender of FCI.

The market breadth on the BSE was negative with 1,454 and 1,091 gainers.

RECOMMENDED FOR YOU

Markets end flat amid range bound trade

HDFC Bank among top Sensex losers

Markets ended flat on Thursday, amid a range bound session, following the expiry of April futures and options series.

ended flat on Thursday, amid a range bound session, following the expiry of April futures and options series.

The 30-share provisionally ended down 32 points at 17,119 and the 50-share ended down 10 points at 5,192.

______________________________________

(Updated at 14:26 hrs)

continued to trade flat in late noon trades ahead of the F&O expiry for the April series. The was down 5 points at 17,146 and the was down 5 points at 5,196.

On the global front, Asian are trading flat with a positive bias with the exception Shanghai Composite which ended slightly down. European shares were trading  marginally higher in early trades. The CAC-40, DAX and FTSE-100 were trading mixed.

Back home, near-month futures contracts was trading at 5,192, a slight discount to the spot market ahead of their expiry today.

On the sectoral front, BSE Metal and IT indices are the while Auto and PSU and Power indices are down nearly 0.6% each.

Among shares, Infosys was up 0.7% while TCS gained 1%.  In the metal space Jindal Steel was up 3.7% at Rs 496 and Tata Steel was up 1.2% at Rs 472.

In the auto segment, two-wheeler majors Bajaj Auto and Hero MotoCorp were both down 3% each.

Other include Hindustan Unilever, SBI, HDFC Bank and Bharti Airtel.

Meanwhile, Asian Paints and Bank of Baroda both up nearly 1% each ahead of their inclusion in the 50-share index from Friday. Further, Reliance Communications was down 1.4% and Reliance Power was down 0.3% as both scrips will be excluded from the Nifty.

Among other shares United Phosphorous was down 5% after the Competition Commission of India (CCI) has levied a penalty of Rs 252.44 crore on United Phosphorus for discrepancies in bidding in a tender of Food Corporation of India (FCI) and collective boycott of another tender of FCI.

The market breadth on the BSE was negative with 1,454 and 1,091 gainers.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard