Sensex closes flat amid volatility (Roundup)
January 6th, 2012 - 6:07 pm ICT by IANS ( Leave a comment )
Mumbai, Jan 6 (IANS) A benchmark index for Indian equities closed flat Friday, having pared its intra-day losses with a strong
comeback in the last hour of trade.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,789.08 points, closed at 15,867.73 points, 10.65 points or 0.07 percent up from its previous close at 15,857.08 points.
The 50-scrip S&P; CNX Nifty of the National Stock Exchange also ended lacklustre at 4,754.1 points, up 0.09 percent or 4.15 points from its previous close.
Broader markets also managed to make up for intra-day losses with the BSE 500 index closing flat.
The market breadth was positive with 1,435 stocks advancing, compared to 1,297 on the decline. Another 115 remained unchanged.
Prominent gainers on the 30-scrip Sensex included RIL, up 2.52 percent at Rs.716.90; HDFC Bank, up 2.25 percent at Rs.452.50; Maruti Suzuki, up 1.76 percent at Rs.949.15 and ITC, up 1.23 percent at Rs.202.10.
Losers included Hero MotoCorp, down 5.12 percent at Rs.1,735; Jaiprakash Associates, down 4.58 percent at Rs.53.15; Bharti Airtel, down 4.11 percent at Rs.330.20 and Jindal Steel, down 3 percent at Rs.466.25.
According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought stocks worth $104.07 million Friday.
Fresh concerns on the bad debt held by banks in Euro zone countries spooked traders at most of the Asian markets.
The Japanese Nikkei moved down 1.16 percent and closed at 8,390.35 points. Hong Kong’s Hang Seng fell 1.17 percent to end at 18,593.06 points.
However, the Chinese Shanghai Composite index rose 0.7 percent to close at 2,163.39 points after major government institutions bought banking stocks to support the market. The index however closed 1.6 percent lower for the week — its ninth straight loss making week.
European markets were ruling in the green but concerns remained on the banking problems within many of the zone’s countries.
Britain’s FTSE 100 was ruling 0.37 percent up at 5,644.95 points, while the German DAX was trading 0.6 percent higher at 6,132.76 points.
However, the French CAC 40 was ruling 0.87 percent higher at 3,172.13 points.
- Sensex down 112 points, capital goods, bank stocks hit (Roundup) - Dec 19, 2011
- Sensex reverses losses, closes 107 points higher (Roundup) - Feb 01, 2012
- Sensex pares losses, closes 142 points down (Lead) - Dec 19, 2011
- Indian equities markets manage to end flat - Jun 13, 2011
- Sensex slumps 302 points amid global sell-off - Oct 03, 2011
- Sensex closes in red; oil and gas, realty stocks slump - Jan 05, 2012
- Sensex manages to build on rally, closes 100 points up - Sep 08, 2011
- Sensex falls 97 points in choppy trade (Lead) - Dec 27, 2011
- Sensex gives up gains, traders book profits - Oct 11, 2011
- Sensex makes up intra-day losses, closes 60 points up (Second Lead) - Feb 07, 2011
- Sensex edges lower, negative global cues weigh (Roundup) - Jul 18, 2011
- Indian equities markets down, Sensex edges lower (Roundup) - Jul 15, 2011
- Ahead of monetary policy review, Sensex closes dull - Dec 15, 2011
- Sensex dips 204 points; in red for fifth straight day (Roundup) - Dec 20, 2011
- Sensex up 95 points, makes third straight week of gains (Roundup) - Jan 20, 2012
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