- M-cap of ten most valued firms tumbles over Rs 2.85 trn; RIL biggest drag
- Sebi constitutes advisory panel on ESG-related matters under HDFC's Munot
- FPI selling extends to 8th straight month, pulls out over Rs 6k-cr in May
- Sensex, Nifty plunge 1.6% after US indices see worst drop in 2 years
- Private bank profits rise, thanks to higher NII and low provisions
- Bank unions protest RBI order to keep branches open Sunday for LIC IPO
- Delhivery may make it to FTSE index in Dec, MSCI India by next May: Analyst
- Investors' wealth tumbles more than Rs 4.47 trn amid market drubbing
- Axis MF suspends two fund managers amid allegations of irregularities
- Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows
F&O expiry: Sensex ends choppy trade on flat note, gains 6% in Aug series
Sectorally, the metals pack bled the most, down 1.3 per cent, followed by the PSB Index (down 0.8 per cent)
Stock market updates: Profit-booking in metals, PSBs, and select heavyweights like Bharti Airtel, Maruti Suzuki, Infosys, and HDFC Bank was countered by gains in Reliance Industries, ICICI Bank, HDFC, and HUL, resulting in a flat close on the bourses on Thursday. However, volatility ran high through the day as investors adjusted their portfolios amid F&O expiry of the August series.
By close, the S&P BSE Sensex was parked at 55,949 levels, up 5 points while the Nifty50 stood at 16,637, up 2 points. The broader markets, meanwhile, outran the frontline indices for the third consecutive day. Both, the BSE MidCap and SmallCap indices rose 0.3 per cent each.
Sectorally, the metals pack bled the most, down 1.3 per cent, followed by the PSB Index (down 0.8 per cent). On the upside, the Nifty FMCG index rose 0.58 per cent.