Markets end flat; Nifty scales fresh closing peak

Updated - August 25, 2021 05:48 pm IST

Published - August 25, 2021 05:46 pm IST - Mumbai

The Bombay Stock Exchange.

The Bombay Stock Exchange.

Equity benchmark Sensex ended on a flat note after scaling a new lifetime peak on Wednesday amid mixed cues from global markets.

After touching its all-time high of 56,198.13 in early trade, the 30-share index ended 14.77 points or 0.03 % lower at 55,944.21.

The broader NSE Nifty, however, ended 10.05 points or 0.06 % higher at its new closing record of 16,634.65. It touched an all-time high of 16,712.45 during the day.

TCS was the top gainer in the Sensex pack, rising over 1 %, followed by Infosys, Reliance Industries, HUL, Nestle India and ITC.

On the other hand, Bajaj Finserv, Titan, Maruti, Bharti Airtel and Tata Steel were among the laggards.

"Domestic equities traded in a range bound ahead of futures and options (F&O) expiry. Barring IT, metal and FMCG, most sectoral indices turned red towards the final session of the day," said Binod Modi, Head - Strategy at Reliance Securities.

Investors continued to remain upbeat on IT stocks in the backdrop of sustained earnings visibility, he added.

Elsewhere in Asia, bourses in Hong Kong and Tokyo ended in the red, while Shanghai and Seoul were positive.

Equities in Europe were also trading on a mixed note in afternoon trade.

Meanwhile, international oil benchmark Brent crude slipped 0.36 % to $ 70.16 per barrel.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.