- Sensex down 8 points to 37,973
- Nifty down 5 points at 11,222
- FMCG, banking, and realty losses on NSE
- Metal 2% zoom in auto, IT small profits
- The mid-cap index is up 0.16% on the BSE
(Milcah Anila, Intern Journalist) Vijayawada: The domestic stock markets, which had been fluctuating throughout the tide, eventually ended up flat. The Sensex was down 8 points at 37,973. The Nifty was down 5 points at 11,222. However, for the third day in a row, the markets started the day on a positive note. At one stage, the Sensex jumped 250 points to touch 38,236. The Nifty jumped to 11,305.
However, the Sensex fell to 37,831, and the Nifty hit an intraday low of 11,181. Analysts said traders were on high alert in the wake of ongoing disputes at the border with China. With this, the markets are facing tides.
Government Banks Week
On the NSE, mainly PSU banks, FMCG, private banks, realty, and pharma lost 2.2-0.7 percent, while metal rose 2 percent. Along this path, auto and IT gained 0.3 percent. Among the Nifty giants, Hindalco, Ultratech, Hero Moto, Titan, TCS, Tata Steel, JSW Steel, HDFC, BPCL, Shree Cement, RIL and HDFC Bank gained between 5.3-1 percent.
However, UPL, ONGC, IndusIndia, PowerGrid, Axis, NTPC, HCL Tech, Bajaj Fin, Coal India, Bajaj Auto, Grasim, ITC, Tech Mahindra, Cipla, Airtel, HDCILI, 3.5%
Idea fall
Among derivatives, Jindal Steel, Page, MindTree, Muthoot, Motherson, Balakrishna, Ambuja, Escorts, Apollo Hospitals, Apollo Tire, and Siemens jumped 4.5-1.5 percent. On the other hand, Idea, BHEL, BBOB, Infratel, PNB, GMR, McDowell, Indigo, IGL, Tata Consumer, Max Finance, Piramal, Havells, and Federal Bank lost 6-2.6 percent.
The mid-cap index was down 0.16 percent on the BSE. Of the traded shares, 1,178 gained while 1,436 lost.
Investments in DIIs
In the cash segment, foreign portfolio investors (FPIs) traded up by Rs. 27 crores worth of stocks sold while domestic funds (DIIs) sold Rs. Invested over Rs 542 crore. On Friday, FPIs rose to Rs. 2,080 crore investment will be withdrawn .. DIIs Rs. 2,071 crore has been invested.