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Caution ahead of Karnataka poll results, inflation keep equities flat

IANS  |  Mumbai 

Caution ahead of the assembly election results and a rise in the April wholesale rate subdued the key Indian equity indices on Monday.

According to market observers, heavy selling pressure was witnessed in consumer durables, auto and capital goods stocks.

At 3.30 p.m., the wider 50-scrip Nifty of (NSE) provisionally closed flat at 10,806.60 points.

The barometer Sensitive Index (Sensex) of the BSE, which opened at 35,555.83 points, closed at 35,556.71 points (3.30 p.m) -- up by 20.92 points or 0.06 per cent -- from its previous day's close.

The Sensex touched a high of 35,642.72 points and a low of 35,456.56 points in the trade. The market breadth was bearish with 1,827 declines and 845 advances.

The major gainers on the were NTPC, Dr Reddy's Lab, IndusInd Bank, and Hero MotoCorp, while Mahindra and Mahindra, (DVR), Tata Motors, and were the major losers.

On the NSE, the top gainers were NTPC, BPCL and The major losers were Titan, and

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 14 2018. 16:22 IST
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