New Delhi: Equity benchmarks Sensex and Nifty ended flat after scaling fresh intra-day peaks on Friday amid a blended pattern in world markets.
After surging to a lifetime peak of 53,290.81 in opening session, the 30-share BSE index ended 18.79 factors or 0.04 per cent decrease at 53,140.06, whereas the broader NSE Nifty slipped 0.80 factors or 0.01 per cent to fifteen,923.40.
HCL Tech was the highest loser within the Sensex pack, shedding over 3 per cent, adopted by Infosys, Bajaj Finserv, NTPC, ICICI Bank and IndusInd Bank.
On the opposite hand, Bharti Airtel, ExtremelyTech Cement, Tata Steel and PowerGrid have been among the many gainers.
“Domestic equities traded in a range bound with Nifty and Sensex hitting fresh all-time highs. However, profit booking IT after witnessing sharp recovery in recent days followed by selling pressure in financials dragged Nifty,” stated Binod Modi, Head-Strategy at Reliance Securities.
Pharma shares have been in focus adopted by metals. Notably, shopping for momentum in midcap and smallcap shares sustained led by expectations of robust earnings, he added.
Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo ended with losses, whereas Hong Kong was constructive. Equities in Europe have been largely buying and selling with positive aspects in mid-session offers. Also Read: Gold Price Today, 16 July 2021: Gold buying and selling cheaper by Rs 7900 from all-time highs, do you have to purchase?
Meanwhile, worldwide oil benchmark Brent crude superior 0.33 per cent to USD 73.71 per barrel. Also Read: Indane’s new sensible cylinder permits you to verify gasoline stage, right here’s trade with previous one
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