ALSO READIndices erase gains to end flat but Nifty holds 9,900; auto, banks drag Sensex gains 222 points, Nifty ends at 9,979 as metal stocks rally Sensex, Nifty end flat after a choppy session; Nifty PSU Bank index falls Sensex, Nifty end at record closing high for second straight session Sensex ends 174 pts higher, Nifty above 9,900 post RBI policy outcome
Top Sectoral Gainer: Nifty Metal Source: NSE Sectoral Trend Source: NSE Top Sensex gainers and losers Source: BSE Broader Markets Broader market outperform benchmark indices with BSE Midcap and BSE Smallcap up 0.7% and 1.1% respectively Markets at Close The S&P BSE Sensex ended the day at 33,756, down 21 points while the broader Nifty50 index settled at 10,440, down 4 points 2G verdict: There was no wrongdoing on our part, says Unitech M D Chandra Within hours of acquittal in the 2G spectrum allocation case by a special court, Unitech M D Sanjay Chandra said there was no wrongdoing on his part but his company had to pay the price for the case foisted on him. Anil Ambani-led Reliance Group also welcomed the court verdict. Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the case. Fifteen other accused and three companies were also acquitted. READ MORE
Meanwhile, a CBI court verdict acquitted all accused, including former telecom minister Andimuthu Raja, Dravida Munnetra Kazhagam (DMK) member Kanimozhi and corporate executives like Swan Telecom’s Shahid Balwa, Unitech’s Sanjay Chandra and the Essar group’s Ruias, in the 2G case as the prosecution failed to prove the case against them, stocks of these listed companies rallied as much as 20% in intra-day deals.