Stock Market Today: Nifty, Sensex Little Changed At Close As Heavyweights Drag But Adani Ports Limits Fall
Nifty ended 0.10% or 22.55 points up at 23750.20 and Sensex ended flat at 78472.48. Intraday, both the indices had risen around 0.5%.
KEY HIGHLIGHTS
US Futures Decline; Weekly Jobless Data In Focus
As of 3:27 p.m., futures contracts of Dow Jones Average and S&P 500 futures were 0.26% and 0.34% down, respectively while Nasdaq 100's contract was 0.41% down.
Events, Economic Data Later Thursday
US: Unemployment claims
Nifty, Sensex See Muted Close On Monthly Expiry Day; RIL, HDFC Bank Weigh: Closing Bell
After opening higher, benchmark equity indices of India saw a muted close on the day of 2024's last monthly derivatives contract expiry of the Nifty index. Adani Ports and SEZ contributed the most to the gains while heavyweights HDFC Bank and Reliance dragged.
There were lack of triggers from around the globe as most markets were closed on account Boxing Day holiday.
Nifty ended 0.10% or 22.55 points up at 23750.20 and Sensex ended flat at 78472.48. Intraday, both the indices had risen around 0.5%.
"The bulls are finding it difficult to overcome the immediate hurdle of 23,850," said Aditya Gaggar, director of Progressive Shares. 'We need a convincing move on either sides of a well-maintained range of 23,650-23,850."
Share price of Adani Ports & SEZ Ltd., Mahindra and Mahindra Ltd., Bharti Airtel Ltd., Sun Pharmaceutical Industries Ltd., and Maruti Suzuki Ltd. contributed the most to the gains.
Those of HDFC Bank Ltd., Reliance Industries Ltd., ITC Ltd., Titan Co. Ltd., and Larsen & Toubro weighed the most.
Market breadth was skewed in favour of sellers. Around 2,334 stocks declined, 1,651 stocks advanced, and 88 stocks remained unchanged on BSE.
Broader markets ended on a mixed note. The BSE Midcap ended 0.11% higher, and Smallcap indices ended 0.24% down.
On BSE, 14 sectors ended higher and seven declined out of 21. The BSE FMCG declined the most, and the BSE Services rose the most.
Markets At Close
Nifty and Sensex see muted close on F&O expiry day
Intraday, both the indices had gained more than 0.5%.
Nifty ends 0.10% or 22.55 points up at 23750.20
Sensex ended flat at 78472.48
Broader indices were little changed. Nifty Midcap 100 ended 0.2% up; Nifty Smallcap 250 closed flat
Most sectoral indices rose with Nifty Auto leading
Adani Ports and M&M were top Nifty gainers
Asian Paints and Titan Co fell the most
Rupee Ends At Record Closing Low Against US Dollar
-Rupee weakened by 6 to close at a record closing low of 85.26.
-The currency fell to a record low of 85.29 against the US Dollar
-It closed at 85.20 on Tuesday.
Source: Bloomberg
