IT stocks and major stocks like Reliance and HDFC Bank dragged the market to trade flat at market closing after adding massive points in the early trade backed by positive global cues and supported by Auto & Metal stocks.
At closing, Sensex was down 24.58 points or 0.07% to 37663.33 and Nifty up 6.40 points or 0.06% at 11101.65. Nifty Bank after gaining over 400 points earlier had managed to trade flat at closing, Up 19.45 points or 0.09% at 21509.95 – HDFC Bank top loser of the sector falling over 1%.
The Auto and Metal stocks rose the market sentiment with strong buying seen in Tata steel, Hindalco and Eicher motors. The market was trading higher with Sensex above 38000 and Nifty above 11200 in the early trade.
Highlights as of Market Closing:
- Indices closed flat after gaining in the early session.
- Hindalco, Tata Steel, SAIL, Info Edge among the top gainers of Nifty.
- UPL, Vodafone Idea, Godrej Twins, Cadila Health among the top losers of Nifty.
- Hindalco surged over 8 percent adding 13.40 points to 175.75 at close.
- SAIL up over 6%, Info Edge gained 167 points and Tata Steel up 5%.
- Vodafone Idea and Godrej Twins lose 4 and 3 percent respectively.
- Grannules, Info Edge, L&T Infotech and Mindtree among the stocks that hit the 52-Week mark today.
- 1015 shares advanced and 587 shares declined in Nifty at close.
- Reliance closed lower by 1.12% or 24 points after reaching 2196 earlier with just 2 points away from the record high.
