Indian Indices End Flat; JSW Steel And Bajaj Finserv Among Top Nifty Gainers

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.

Benchmark indices erased early gains and ended the day on a flat note after witnessing selling pressure in afternoon deals, dragged by auto stocks.

At the closing bell, the BSE Sensex stood higher by 32 points (up 0.1%).

Meanwhile, the NSE Nifty closed higher by 30 points (up 0.2%).

JSW Steel and Bajaj Finserv were among the top gainers today.

Hero Motocorp and Eicher Motors, on the other hand, were among the top losers today.

The SGX Nifty was trading at 14,936, up by 40 points, at the time of writing.

The BSE Mid Cap index ended down by 0.2%, while the BSE Small Cap index ended up by 0.1%.

Sectoral indices ended on a mixed note with stocks in the metal sector witnessing most of the buying interest.

Auto stocks, on the other hand, witnessed selling pressure.

Shares of JSW Steel and Bajaj Finserv hit their respective 52-week highs today.

ONGC and Bajaj Auto were among the top buzzing stocks today.

Asian stock markets ended on a positive note today.

The Shanghai Composite and the Hang Seng ended the day up by 0.5% and 0.8%, respectively.

The Nikkei ended up by 0.2% in today's session.

US stock futures are trading on a positive note today with the Dow Jones Futures trading up by 148 points.

The rupee is trading at 74.04 against the US$.

Gold prices for the latest contract on MCX are trading down by 0.4% at Rs 46,884 per 10 grams.

Tata Communications Share Price Dips After Q4 Results

In news from the telecom sector, Tata Communications was among the top buzzing stocks today.

Tata communications (Tata Comm) revenue for the year grew by 0.2% year on year (YoY), coming in at Rs 171 billion.

Voice business declined by 17.3% YoY, this decline was compensated by data business which grew by 4.5% YoY.

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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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