Sensex, Nifty end flat, banks down on profit-taking

Image
Reuters MUMBAI
Last Updated : Mar 08 2016 | 4:13 PM IST

MUMBAI (Reuters) - Indian stock markets closed flat on Tuesday after four consecutive days of gains with banking shares such as State Bank of India down on profit-taking while Asian markets fell ahead of major central bank meetings.

The broader Nifty ended flat at 7,485.30, while the benchmark BSE Sensex gained 0.05 percent to end at 24,659.23.

Both indexes jumped about 7 percent in the last four days through Friday. Indian stock markets were closed on Monday.

(Reporting by Aastha Agnihotri; Editing by Sunil Nair)

*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: Mar 08 2016 | 4:04 PM IST

Next Story