Sensex, Nifty end flat post volatile trade; ITC up 2%; Maruti, RIL dip 1%
CLOSING BELL: ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation of Rs 4 trillion on Friday
 "MARKET LIVE: Sensex, Nifty shed gains, turn flat; Nestle, Reliance drop 1%")
CLOSING BELL
Stock market highlights: Equity markets remained listless on Friday, swinging occasionally between gains and losses, as lack of domestic and global cues kept investors on the sideline. The S&P BSE Sensex settled today's session 37 points, or 0.06 per cent, higher at 58,803. The NSE Nifty50, meanwhile, shut shop at 17,539, down 3 points or 0.02 per cent.
Stock market highlights: Equity markets remained listless on Friday, swinging occasionally between gains and losses, as lack of domestic and global cues kept investors on the sideline. The S&P BSE Sensex settled today's session 37 points, or 0.06 per cent, higher at 58,803. The NSE Nifty50, meanwhile, shut shop at 17,539, down 3 points or 0.02 per cent.
The broader markets, however, exhibited a strong show during the end, but ended mixed. The BSE MidCap index dipped 0.35 per cenwhile the BSE SmallCap index eked out gains of 0.04 per cent.
Among sectors, the Nifty Financial Services and FMCG indces added 0.5 per cent and 0.4 per cent, respectively, while the Nifty PSU Bank index fell 0.77 per cent.
Among sectors, the Nifty Financial Services and FMCG indces added 0.5 per cent and 0.4 per cent, respectively, while the Nifty PSU Bank index fell 0.77 per cent.
Newsmakers
Shares of Adani Enterprises hit a record high of Rs 3,369 after they gained 4 per cent on the National Stock Exchange (NSE) in Friday's intra-day trade. The spurt comes after the NSE announced the company's inclusion in the benchmark Nifty 50 index. READ MORE
Shares of New Delhi Television (NDTV) continued their northward movement as they crossed Rs 500 mark for the first time since January 2008. The stock hit a new high of Rs 515.10, up 5 per cent on Friday in an otherwise subdued market. It surpassed its previous high of Rs 512 that it had touched on January 4, 2008. READ MORE
ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation (market cap) of Rs 4 trillion on Friday as rally in the stock continued on the bourses. Shares of ITC hit an over five-year high of Rs 323.40 as they gained 2 per cent on BSE in the intra-day trade. ITC's market cap had last touched the Rs 4-trillion feat on July 14, 2017, when it was Rs 4.10 trillion on closing level basis. READ MORE
4:14 PM
COMMODITIES CHECK: Brent Crude steady below $100 per barrel
source: oilprice.com
4:09 PM
GLOBAL CHECK: European shares edge higher in trade
4:04 PM
GLOBAL CHECK: US equity futures flat ahead of employment report
4:00 PM
World stocks eye 3% weekly loss, dollar sky high before US jobs data
Fresh lockdowns in China are also fuelling concerns about global growth, while high energy costs as a result of the war in Ukraine are weighing on European markets. READ MORE
3:54 PM
MARKET COMMENT: Vinod Nair, Head of Research at Geojit Financial Services
The market has struggled for a firm direction today as global markets were largely under selling pressure ahead of the release of US job data, which could provide insight into upcoming Fed actions. Oil prices rose ahead of the OPEC+ meeting on the expectation of a reduction in output, despite the fact that weak global growth prospects remain a concern. A surging dollar index and rising US bond yields could be reflected in the elevated volatility of the domestic market in the near term.
3:50 PM
Adani Enterprises, Ashok Leyland among stocks that hit 52-week high
3:47 PM
BPCL, Shree Cement, Hindalco top Nifty50 losers
3:45 PM
ITC, Adani Ports, HDFC top Nifty50 gainers
3:43 PM
Broader markets muted in trade; India Vix eases 1%
3:39 PM
Sectoral indices mixed in trade; Nifty Auto, Nifty PSU Bank bogged down
3:35 PM
SENSEX HEATMAP: 11 out of 30 index constituents end in green
3:34 PM
CLOSING BELL: Sensex ends flat at 58,803 levels
3:32 PM
CLOSING BELL: Nifty50 closes flat in trade, slips below 17,550 levels
3:25 PM
Gold prices rise as dollar softens, but on track for third weekly fall
Spot gold rose 0.4% to $1,702.49 per ounce by 0801 GMT, but was down about 2% for the week so far. READ MORE
3:16 PM
India keen to settle sovereign bonds domestically to help with CAD
This would also do away with the need to reform the taxation system in the country. JPMorgan, this week, sought views from investors on whether it should include India's sovereign bonds in its GBI-EM Global Diversified Bond Index or not. If the move is successful, it is expected to bring a large pool of liquidity into the Indian sovereign bond market. READ MORE
Topics : Sensex MARKET LIVE MARKET WRAP Buzzing stocks stocks to watch Nifty Market trends BSE NSE Indian markets FII flows DIIs Crude Oil Price Adani Enterprises Aurobindo Pharma InterGlobe Aviation Global Markets US jobs report Nasdaq Composite index
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First Published: Sep 02 2022 | 8:17 AM IST