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Market ends flat; Bharti Airtel up 2%

Volumes remained tepid with investors sitting on the sidelines on first trading session of 2014

SI Reporter Mumbai
It was a lacklustre session with flat trades as the norm on the first day of 2014. Key benchmark indices remained flat as volumes remained dull in frontline stocks, a day after world bid good riddance to another year of weak macros.

Official data released late Tuesday showed that core eight infrastructure industries witnessed a growth of just 1.7 per cent in November.

Core sector industries showed that industrial growth may also not rise drastically in November since these sectors constitute 39 per cent of the Index of Industrial Production (IIP)

The 30-share BSE Sensex closed 21 points lower at 21,149 levels and the 50-component NSE Nifty closed almost 1 point higher at 6,305 levels.
 

The Indian rupee continued to remain weak due to dollar buying from oil importers. The rupee was quoting at Rs 61.87 compared with previous close of Rs 61.80 per dollar.

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First Published: Jan 01 2014 | 3:33 PM IST

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