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Sensex ends flat, Nifty below 9,800; broader markets underperform

All that happened in Tuesday's trade

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SI Reporter  |  New Delhi 

The benchmark indices ended flat in a volatile trading session on Tuesday as investors kept to the sidelines in the absence of clear triggers ahead of the Jackson Hole gathering of central bankers later this week. Among individual stocks, Infosys extended losses to a third session, falling as much as 1.53% after Vishal Sikka resigned as chief executive officer on Friday. The stock has lost 14.4% since Sikka's resignation by Monday's close. Overseas, European stocks broke a three-day losing streak on Tuesday, building on gains in other markets boosted by signs of a ...

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Sensex ends flat, Nifty below 9,800; broader markets underperform

Anand James, Chief Market Strategist, Geojit Financial Services     Domestic indices couldn't sustain the momentum from a positive opening and exhibited volatility on the backdrop of BSE putting a noose around the neck of 200 illicit companies by announcing compulsory delisting from Wednesday. On the other hand, FIIs persistent selling also seems to have impeded the general strength of the market. However, oil marketing companies continued to show strength fuelled by upbeat gross refining margins and the recent developments in the re-organization of heavy weights from the sector.

Sensex ends flat, Nifty below 9,800; broader markets underperform

Sectoral trend  Source: NSE

Sensex ends flat, Nifty below 9,800; broader markets underperform

Sensex gainers and losers at close Source: BSE

Sensex ends flat, Nifty below 9,800; broader markets underperform

Market breadth The breadth, indicating the overall health of the market, was weak. On the BSE, 1,649 shares declined and 925 shares rose. A total of 128 shares were unchanged.

Sensex ends flat, Nifty below 9,800; broader markets underperform

Broader markets underperform    The BSE Midcap and the BSE Smallcap indices closed 0.4% and 0.3% lower.

Sensex ends flat, Nifty below 9,800; broader markets underperform

Markets at close   Sensex closed at 31,291, up 33 points, while the broader Nifty50 ended at 9,765, up 11 points. 

Sensex ends flat, Nifty below 9,800; broader markets underperform

Energy stocks gained with HPCL, BPCL and IOC rallying up to 3%.  Source: NSE

Sensex ends flat, Nifty below 9,800; broader markets underperform

Stock trading volume light but don't blame the eclipse   US stock futures trading volume fell during the two hours on Monday that people across a large portion of the United States donned special glasses to catch a glimpse of the first total solar eclipse to unfold across the country in nearly a century. READ FULL STORY HERE 

Sensex ends flat, Nifty below 9,800; broader markets underperform

Infosys turmoil The Securities and Exchange Board of India (Sebi) will keep a close watch on the share price movement of information technology bellwether Infosys, the market regulator's chairman Ajay Tyagi said on Tuesday. READ MORE 

Sensex ends flat, Nifty below 9,800; broader markets underperform

European markets trade higher European stocks broke a three-day losing streak on Tuesday, building on gains in other markets boosted by signs of a global economic recovery and rising commodity prices. Gains for heavyweight miners boosted European shares after strong commodities prices steadied Asian markets earlier in the session.   The FTSE 100 rose 0.7%, led higher by mining stocks. The Stoxx 600 was up 0.5% and the Xetra Dax was 0.7% higher.  

Sensex ends flat, Nifty below 9,800; broader markets underperform

Markets check   At 3:00 pm, the Sensex was trading at 31,322, up 63 points, while the broader Nifty50 was ruling at 9,773, up 19 points. 

First Published: Tue, August 22 2017. 15:35 IST
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Sensex ends flat, Nifty below 9,800; broader markets underperform

All that happened in Tuesday's trade

The benchmark indices ended flat in a volatile trading session on Tuesday as investors kept to the sidelines in the absence of clear triggers ahead of the Jackson Hole gathering of central bankers later this week. Among individual stocks, Infosys extended losses to a third session, falling as much as 1.53% after Vishal Sikka resigned as chief executive officer on Friday. The stock has lost 14.4% since Sikka's resignation by Monday's close. Overseas, European stocks broke a three-day losing streak on Tuesday, building on gains in other markets boosted by signs of a ...

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