Sensex, Nifty end flat after hitting record highs

Image
Reuters
Last Updated : Jun 10 2014 | 10:40 PM IST
The BSE Sensex and Nifty ended flat on Tuesday after hitting record highs for a third consecutive session as gains in defensive stocks such as health care and technology were offset by profit-taking in the broader market. Investors took profits in recent outperformers such as Oil and Natural Gas Corporation, while recent underperformers such a Infosys saw some buying interest. Foreign investors, who have been supporting the rally, bought shares worth $90.83 million on Monday, in a sixth straight session of buys. FIIs have bought Indian shares worth $9.4 billion so far this year. The Sensex ended 0.01 per cent higher at 25,583.69, while the Nifty closed up 0.02 per cent at 7,656.40. Earlier in the session, the Sensex rose as much as 0.51 per cent to hit a record high of 25,711.11, surpassing the highest level of 25,644.77 hit on Monday. The Nifty rose 0.4 per cent to hit a fresh all-time high of 7,683.20, crossing the level of 7,673.70 touched on Monday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 10 2014 | 10:30 PM IST

Next Story