Sensex closes flat amid weak global cues (Roundup)
January 20th, 2010 - 6:25 pm ICT by IANS ( Leave a comment )
Mumbai, Jan 20 (IANS) A benchmark index of the Indian equities markets ended flat Wednesday, 11 points lower, even as global markets weakened.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,486.69 points, ended at 17,474.49 points, down 11.57 points or 0.07 percent from its previous close at 17,486.06 points.
ONGC and RIL were among the key stocks that pulled down the Sensex.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,221.7 points, against the previous close at 5,225.65 points, a loss of 0.08 percent or 3.95 points.
Broader markets were also dull, with the BSE midcap index closing 0.27 percent lower and the BSE small cap index ending 0.07 percent up.
The market breadth was negative, with 1,212 stocks advancing, compared to 1,699 on the decline, and 70 remaining unchanged.
Among the major gainers were Bharti Airtel, up 3.41 percent at Rs.330.90; Maruti Suzuki, up 2.62 percent at Rs.1,456.95; Tata Steel, up 2.49 percent at Rs.653.65; and Hindalco, up 1.78 percent at 165.75.
Top losers included Jaiprakash Associates, down 3.12 percent at Rs.155.20; ONGC, down 2.92 percent at Rs.1,163.05; Sterlite Industries, down 1.79 percent at Rs.853.55; and DLF, down 1.76 percent at Rs.373.50.
Data with markets watchdog Securities and Exchange Board of India (SEBI) showed that foreign funds were net sellers Wednesday, having sold scrips worth $98.97 million.
Most other Asian markets closed in the red backed by fears that a state-sponsored lending curb by China would lead to lower economic growth in that country.
The Chinese Shanghai composite index fell 2.93 percent to 3,151.85 points, while the benchmark Japanese index Nikkei ended 0.25 percent lower at 10,737.52 points.
The Hang Seng of the Hong Kong Stock Exchange closed 1.81 percent lower at 21,286.17 points, while the Korean Kospi ended marginally higher at 1,714.38, up 0.24 percent.
European markets were also trading with a negative bias.
The FTSE 100 index, the benchmark index of the London Stock Exchange, was ruling 0.36 percent lower at 5,493.47 points, while the French index, CAC 40, was down 0.16 percent at 4,003.43 points.
Its German peer, the DAX, was ruling 0.17 percent lower at 5,966.21 points.
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- Sensex down 73 points in volatile trade - Oct 31, 2011
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- Sensex closes 184 points higher, resists pressure from ONGC, ITC (Roundup) - May 20, 2011
- Sensex closes 215 points lower - Nov 01, 2011
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