Sensex closes flat amid dull global cues
January 9th, 2012 - 8:15 pm ICT by IANS
Mumbai, Jan 9 (IANS) A benchmark index for Indian equities Monday closed flat, having moved up from the initial lows, amid mixed cues from other global bourses and continuing concerns on the slowing economy.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,840.22 points, closed at 15,814.72 points, 34.08 points or 0.22 percent down from its previous close at 15,848.8 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange also ended lacklustre at 4,742.8 points, down 0.09 percent or 4.1 points from its previous close.
Broader markets also managed to make up for intra-day losses with the BSE 500 index closing flat. The BSE midcap index nudged up 0.64 percent, while the BSE smallcap rose 1.4 percent.
The market breadth was positive with 1,638 stocks advancing, compared to 1,080 on the decline. Another 104 remained unchanged.
Prominent gainers on the 30-scrip Sensex included BHEL, up 3.15 percent at Rs.258.55; Jindal Steel, up 2.88 percent at Rs.479.45; Cipla, up 2.5 percent at Rs.344.20; and Maruti Suzuki, up 1.8 percent at Rs.971.95.
Losers included Bharti Airtel, down 2.93 percent at Rs.321.20; SBI, down 1.92 percent at Rs.1,637.75; Coal India, down 1.59 percent at Rs.314.70; and Tata Motors, down 1.52 percent at Rs.200.45.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought stocks worth $4.75 million Monday.
Asian markets ended mixed as optimism from better than expected US job data was tempered by concerns that Italy and Spain also could now need bail-outs after Greece.
Hong Kong’s Hang Seng rose 1.47 percent to end at 18,865.72 points, while the Chinese Shanghai Composite index gained 2.89 percent to close at 2,225.89 points.
The South Korean Kospi, however, shed 0.9 percent to end at 1,826.49 points. Japanese markets were closed Monday.
European markets were quiet.
Britain’s FTSE 100 was ruling subdued at 5,640.82 points, while the German DAX was trading 0.12 percent down at 6,050.4 points.
However, the French CAC 40 was ruling 0.34 percent higher at 3,147.98 points.
- Sensex climbs 230 points; technology, realty stocks rise (Lead) - Dec 26, 2011
- Sensex plunges 277 points on weak global cues (Roundup) - Apr 23, 2012
- Sensex slumps 24 percent in 2011 (Roundup) - Dec 30, 2011
- Late rally helps Sensex move up 147 points (Roundup) - Jul 19, 2011
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex slides 320 points to close below 17,000 (Roundup) - May 04, 2012
- Sensex ends 274 points down; realty, metal stocks slump (Lead) - Mar 05, 2012
- Sensex falls for second week on earnings and negative cues (Weekly Market Review) - May 05, 2012
- Sensex closes flat in choppy trade (Lead) - May 25, 2012
- Sensex closes 138 points lower, ignores positive global cues - Aug 25, 2011
- Sensex continues to trade lacklustre, RIL soars (Lead) - Jan 18, 2012
- Sensex pares some losses, closes 148 points down - Oct 20, 2011
- Sensex closes 370 points lower, capital goods lose (Roundup) - Jan 30, 2012
- Sensex ends in green; FMCG, auto stocks rally (Lead) - Apr 10, 2012
- Sensex dips below 16,000; global cues, SBI downgrade weigh - Oct 04, 2011
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