Indices end flat, Nifty settles at 11,464; mid, small-caps outperform

All that happened in the markets today

Image SI Reporter New Delhi

The S&P BSE Sensex settled 14 points, or 0.04 per cent higher at 38,854.5 levels.

The domestic stock market ended flat with a positive bias on Friday. The S&P BSE Sensex settled 14 points, or 0.04 per cent higher at 38,854.5 levels while NSE's Nifty ended at 11,464, up 15 points, or 0.13 per cent. India VIX dropped nearly 3 per cent to 20.68 levels.

SBI (up 2 per cent) ended as the top gainer on the S&P BSE Sensex while IndusInd Bank (down nearly 2 per cent) was the biggest loser. Of 30 constituents, 10 advanced while 20 declined. 

On a weekly basis, Sensex gained 1.29 per cent while Nifty added 1.15 per cent. 

The broader market, however, fared bettter than the frontline indices. The S&P BSE MidCap index settled at 14,660 levels, up 0.58 per cent and the S&P BSE SmallCap index ended 0.52 per cent higher at 14,558. 

Sectorally, IT stocks rallied the most. The Nifty IT index ended 1.29 per cent higher at 18,633 levels. Nifty PSU Bank index gained 0.79 per cent while Nifty FMCG index settled 0.63 per cent higher at 30,972 levels.

Buzzing stocks

Shares of Wipro and Tata Elxsi hit their respective 52-week highs on the BSE on Friday on the expectation of strong earnings growth in the current quarter (July-September) of financial year 2020-21 (FY21). READ MORE
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First Published: Sep 11 2020 | 7:43 AM IST

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