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This Article is From Dec 05, 2022

Sensex, Nifty Recoup Losses To End Flat: Market Wrap

The S&P BSE Sensex closed 34 points down at 62,834.60, while the NSE Nifty 50 ended five points higher at 18,701.05

Sensex, Nifty Recoup Losses To End Flat: Market Wrap
Stock market movement. (Source: Tech Daily/)Unsplash

The Indian benchmark indices Sensex and Nifty recouped most of their losses to end flat on Monday.

The S&P BSE Sensex closed 34 points, or 0.05%, lower at 62,834.60, while the NSE Nifty 50 ended the day five points, or 0.03%, higher at 18,701.05.

Among the Nifty 50 stocks, 27 advanced while 23 declined.

Hindalco Industries Ltd., Tata Steel Ltd., UPL Ltd., JSW Steel Ltd., and NTPC Ltd. were the top Nifty gainers.

On the other hand, Adani Enterprises Ltd., Apollo Hospitals Enterprises Ltd., Tata Motors Ltd., Tech Mahindra Ltd., and Dr. Reddy's Laboratories Ltd. were the top losers.

The broader market indices outperformed their larger peers, with the mid-caps and small-caps gauges gaining 0.10% and 0.25%, respectively. The large-cap index mirrored its larger peers and remained unchanged.

Of the 19 sectoral indices compiled by BSE Ltd., 11 advanced while eight declined.

The market breadth was skewed in favour of the bulls. About 2,121 stocks rose, 1,467 declined, and 206 remained unchanged.

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