Indian Indices End Flat; JSW Steel And Tata Steel Among Top Nifty Losers

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

Benchmark indices witnessed volatile trading activity and fluctuated between gains and losses amid muted investor sentiments a day after the GDP data release, dragged by metal and banking stocks.

At the closing bell, the BSE Sensex stood lower by 3 points (down 0.1%).

Meanwhile, the NSE Nifty closed lower by 8 points (down 0.1%).

Adani Ports and ONGC were among the top gainers today.

JSW Steel and Tata Steel, on the other hand, were among the top losers today.

The SGX Nifty was trading at 15,636, up by 56 points, at the time of writing.

The BSE MidCap index ended on a flat note, while the BSE SmallCap index ended down by 0.2%.

Sectoral indices ended on a mixed note with stocks in the metal sector, banking sector, and realty sector witnessing most of the selling pressure.

Oil & gas and energy stocks, on the other hand, witnessed buying interest.

Shares of PNB Housing Finance and Wipro hit their respective 52-week highs today.

Asian stocks climbed on strong exports and positive factory activity data and ended on a positive note today.

The Hang Seng and the Shanghai Composite ended the day up by 1.1% and 0.3%, respectively.

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

US stock futures are trading on a positive note today with the Dow Futures trading up by 169 points.

The rupee is trading at 72.90 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.6% at Rs 49,100 per 10 grams.

In news from the textiles sector, Rupa and Company was among the top buzzing stocks today.

Shares of Rupa and Company (Rupa) surged nearly 20% to Rs 475.8 per share on the BSE today, also touched its 52-week high level after the company reported a strong set of numbers for the quarter ended March 2021.

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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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