Indian Indices End Flat; Adani Ports, BPCL And Bharti Airtel Among Top Nifty Losers

After opening the day on a strong note, Indian share markets witnessed volatile trading activity throughout the day today and ended lower.

Benchmark indices erased early gains and ended the day on a flat note, ahead of the release of the retail inflation data, due later today.

At the closing bell, the BSE Sensex stood lower by 13 points (down 0.1%).

Meanwhile, the NSE Nifty closed higher by 3 points (up 0.1%).

UltraTech Cement and Grasim were among the top gainers today.

Adani Ports and BPCL, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,697, down by 31 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended up by 0.4% and 0.8%, respectively.

Sectoral indices ended on a mixed note with stocks in the telecom sector, power sector, and IT sector witnessing most of the selling pressure.

Realty stocks, on the other hand, witnessed buying interest.

Shares of Force Motors and JK Cement hit their respective 52-week highs today.

Asian stock markets ended on a positive note today as record highs on Wall Street and policy easing in China helped calm some of the recent jitters on global growth.

The Hang Seng and the Shanghai Composite ended the day up by 0.6% and 0.7%, respectively.

The Nikkei ended up by 2.3% in today's session.

US stock futures are trading on a negative note today with the Dow Futures trading down by 144 points.

The rupee is trading at 74.57 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.5% at Rs 47,706 per 10 grams.

In news from the realty sector, Godrej Properties was among the top buzzing stocks today.

Shares of Godrej Properties gained over 4% on the BSE today after the firm said it plans to invest more than US$ 1 bn over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth.

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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