Markets turn flat after a negative start

Domestically, the key sectoral gainers were oil and gas, metal, FMCG on the BSE

Markets swing between gains and losses in the morning session this Thursday.

 

Global risk appetite was positive as US Senate leaders announced a deal to prevent the United States from defaulting on its debt and end the government shutdown. 

 

At 9:45AM, the 30-share Sensex was down 11 points at 20,536 and the 50-share Nifty was down 6 points at 6,083 levels.

 

Domestically, the key sectoral gainers were oil and gas, metal, FMCG while bankex, capital goods, IT, auto and power indices dropped on the BSE.

 

The laggards were Tata Motors falling 2.5%, TCS declined 2.5%, BHEL was down 1.3% while L&T dropped 2% on the BSE.  

 

The gainers were Bajaj Auto rising 2%, Bharti Artel gained 1.7%, HUL was up 1.5%, Tata Steel added 1.5% while ONGC gained 1% on the BSE.

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Updated at 9:20AM

Markets opened tad higher but fell very soon in the opening trades on back of profit booking witnessed in IT and auto majors.

Global risk appetite was positive note as US Senate leaders announced a deal to prevent the United States from defaulting on its debt and end the government shutdown. 
 

At 9:20AM, the 30-share Sensex fell 55 points at 20,496 and the 50-share Nifty was down 20 points at 6,071 levels.