Profit booking, weak rupee curb gains; equities end flat

Image
IANS Mumbai
Last Updated : Jan 19 2017 | 4:28 PM IST

Indian equities markets closed on a flat-to-positive note on Thursday as profit booking, coupled with a weakened rupee and caution ahead of the European Central Bank's policy meet capped gains.

However, hopes of healthy third-quarter (Q3) results kept investors' sentiments buoyed.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 18.10 points or 0.22 per cent, to 8,435.10 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,253.34 points, provisionally closed at 27,308.60 points (at 3.30 p.m.) -- up 50.96 points or 0.19 per cent from the previous close at 27,257.64 points.

The Sensex touched a high of 27,348.19 points and a low of 27,219.89 points during the intra-day trade.

The BSE market breadth was marginally tilted in favour of the bulls -- with 1,422 advances and 1,310 declines.

On Wednesday, broadly positive global indices and inflow of foreign funds buoyed the benchmark indices.

The NSE Nifty rose by 19 points or 0.23 per cent, to 8,417 points, while the BSE Sensex was up 21.98 points or 0.08 per cent.

--IANS

ppg/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jan 19 2017 | 4:18 PM IST

Next Story