Benchmark share indices ended lower, amid a volatile trading session, weighed by weakness among Metal, Banks and Capital Goods shares. Weak performance of the global markets also dampened the sentiments among local investors.
Markets pared early gains and ended on a flat note, weighed down by profit-taking in Oil & Gas and Auto shares. The Sensex ended at 17,850 - up three point. Nifty ended flat at 5,415.
Markets ended in the red after a lacklustre session of trade, owing to soft cues from global peers. The Sensex after touching a high of 17,912, slipped back into the red and ended at 17,847 - down 38 points. Nifty ended down eight points at 5,413.
Mahindra & Mahindra, Reliance hold on to some gains
Tata Motors was the top Sensex loser, down nearly 4%
The market breadth in BSE remained dismal with 1,708 shares declining and 1,084 advancing.
Sensex ended at 17,279 up 94 points or 0.55%
Markets erased early morning gains towards the end of the day and ended flat. The Sensex dropped to a low of 17,182 after trading in a range bound fashion for most part of the day. The BSE benchmark index ended down 19 points at 17,214. Nifty ended down eight points at 5,227.
Banks, cement and power stocks shine
Markets continued to trade on a volatile note in afternoon deals, ahead of the futures and options expiry on Thursday. The Sensex is up32 points at 16,999. Nifty is up five points at 5,146.
Tata Steel was the top Sensex gainer, up nearly 3%
BSE market breadth was negative. Out of 2,884 stocks traded, 1,392 shares declined while 1,363 shares advanced.
BSE Capital Goods and Bankex indices surged over 2% each.
Sterlite Inds was the top Sensex gainer, up over 3%
Tata Motors was the top Sensex loser, down nearly 5%
BSE Capital Goods and FMCG indices surged between 1-2%
Interest rate sensitive counters were witnessing strong buying demand on expectations that the RBI will cut interest rates