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Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Catch all that happened in the market here

SI Reporter  |  New Delhi 

Equity benchmarks rebounded in last hour of trade, but ended flat supported by index heavyweights Reliance Industries, HDFC Bank and Infosys. The indices were up 1% for the week. Global stocks remaind subdued after North Korea fired another missile over Japan into the Pacific Ocean on Friday, in a sign that Pyongyang remains defiant despite tightening international sanctions. The launch happened early on Friday after US markets had been shut for the day. European shares were also trading lower for the day. However, most analysts feel that the threat to stability for ...

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Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Markets rundown by Jayant Manglik, President, Retail Distribution, Religare Securities   Markets ended almost flat in a volatile session today, pressurized by weak global cues. The news of another missile test by the North Korea led a feeble start but buying in select index majors pared losses completely in the middle. However, profit taking in last half an hour again pushed the bulls slightly on the back foot. Amid all, only IT index managed to close with the decent gain while majority ended flat.   

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Pharma falls The Nifty Pharma Index was down 0.5%, breaking its three-day winning streak. Dr. Reddy’s Laboratories and Aurobindo Pharma, which gained in the last three sessions, fell 2% and 1.3%, respectively. Source: NSE  

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

ONGC gains   State-owned Oil and Natural Gas Corp however rose over 4.4%, the top percentage gainer on the NSE index, snapping a three-session losing run on rising crude oil prices as demand outlook brightens.

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Top Sensex gaienrs and losers for the day Source: BSE

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Broader Markets Among broader markets, BSE Midcap index underperformed the benchmarks indices, down 0.3% while BSE Smallcap index was up 0.4%

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Markets at close Equity benchmarks rebounded in last hour of trade, but ended flat supported by index heavyweights Reliance Industries, HDFC Bank and Infosys. The indices were up 1% for the week. The S&P BSE Sensex settled at 32,272, up 30 points while the broader Nifty50 index ended at 10,085, down 1 point

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Revival or just low base? FMCG volume sales grew 6% in July   The local fast-moving consumer goods (FMCG) market grew six per cent by volume in July, triggering hope of a revival in the sector that was struggling to grow. Data from consumer analytics firm Kantar Worldpanel, show that recent growth was aided by 12% expansion of the rural FMCG market and seven per cent growth in overall foods and beverages (F&B) category. A detailed analysis of historical data, however, reveals that a low base may have played a key role in the recent uptick in the sale of chips, biscuits, shampoos, and soaps. READ MORE

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

MIRC hits upper circuit MIRC Electronics has hit the upper circuit for the second straight day, up 20% at Rs 24.16 on BSE after the company on Wednesday reported nearly four-fold jump in net profit at Rs 4.50 crore in June quarter (Q1FY18).   The company engaged in consumer electronics business had reported a profit of Rs 1.16 crore in a year ago quarter.   Net sales during the quarter, however, declined by 14% to Rs 207 crore against Rs 240 crore in the corresponding quarter of previous fiscal.

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Oil Check Oil prices were lower on Friday but on course for weekly gains, the third in a row in the case of Brent, as the clean-up after hurricanes in the United States gathered pace and the outlook for demand took on a firmer tone.   US West Texas Intermediate crude was down 17 cents, or 0.4%, at $49.72 a barrel. It briefly broke above $50 on Thursday, hitting a four-month high, and finished 1.2% higher at $49.89, its highest close since July 31.

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Bombay Burmah gains Bombay Burmah Trading Corporation gained 11% to Rs 1,188 on back of more than two-fold jump in trading volume. The company engaged in tea & coffee business has rallied 36% from Rs 871 on August 3, after it reported a good set of numbers for June quarter (Q1FY18). The company’s net losses narrowed to Rs 1.69 crore in Q1FY18 from Rs 3.67 crore in a year ago quarter.

Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Wipro bags 7-yr data centre services deal   India's third largest software services firm Wipro today said it has bagged a seven-year contract from European energy company, innogy SE.   The financial details of the contract, which will see Wipro managing the data centre and cloud services for innogy SE, were not disclosed.   As part of the agreement signed in November 2016, "innogy transferred its twin data centres in Neurath and Niederaussen in Germany to Wipro on February 1, 2017," Wipro said in a BSE filing on . READ MORE

First Published: Fri, September 15 2017. 15:31 IST
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Sensex ends flat, Nifty below 10,100; indices up 1% for the week

Catch all that happened in the market here

Equity benchmarks rebounded in last hour of trade, but ended flat supported by index heavyweights Reliance Industries, HDFC Bank and Infosys. The indices were up 1% for the week. Global stocks remaind subdued after North Korea fired another missile over Japan into the Pacific Ocean on Friday, in a sign that Pyongyang remains defiant despite tightening international sanctions. The launch happened early on Friday after US markets had been shut for the day. European shares were also trading lower for the day. However, most analysts feel that the threat to stability for ...

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