Sensex ends flat, Nifty ends at 17,546; Media, Realty, Metal outperform

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Equity benchmark indices Sensex and Nifty50 ended flat on Wednesday. Buying interest was seen in media, metal and realty stocks. Selling pressure was witnessed in financial shares. Tech Mahindra was the top gainer among blue-chip stocks, surged 3.70 per cent. M&M, Bajaj Auto, HCL Tech, and Reliance were among the other top Sensex gainers. While HDFC, Nestle, Kotak Mahindra and ICICI Bank were laggards.

Earlier in Asian Indices, Singapore’s Straits Times fell by 0.49 per cent and Japan’s Nikkei 225 index declined by 0.67 per cent. China’s Shanghai Composite increased by 0.40 per cent.

Market Overview

The BSE Sensex and Nifty50 decreased by 0.13 and 0.09 per cent, respectively. The Sensex of the Bombay Stock Exchange closed at 58,900 level while Nifty50 of the National Stock Exchange settled at the 17,546 mark. The Sensex fell 77 points to trade at 58,927 and the Nifty50 fell by 15 points to trade at 17,546.

Nifty50 Index

In Nifty50 index shares, Coal India was the biggest gainer, increased by 3.64 per cent. Tech Mahindra, Tata Motors, Hindalco, M&M and BPCL were among the other gainers.

On the other hand, HDFC was the worst performer in the pack, down by 1.43 per cent. Nestle, Kotak Mahindra, ICICI Bank, HDFC Bank, ONGC and HUL were the other worst performers in the pack.

Small-cap and Mid-cap Indices

The Nifty Midcap-100 index rose 1.67 per cent and the Nifty Smallcap-100 index increased 1.44 per cent. In Nifty Midcap 100, Zee Entertainment gained 31.86 per cent, Godrej Prop rose 13.03 per cent, Aditya Birla Fashion, Indiabulls Hsg and Apollo Tyres also surged, while Vodafone Idea, CESC and CG Consumer declined. In Nifty Smallcap-100, Linde India gained 8.47 per cent. On the other hand, KEC International fell 2.89 per cent, Aegis Logistics, Lux Industries and SpiceJet declined.

Sectoral Indices

In NSE sectoral indices, 15 out of 20 sectors surged. Nifty Media was the top performer as it gained 13.57 per cent, Nifty Realty rose 8.45 per cent, followed by Nifty Metal increased by 1.47 per cent. On the other hand, Nifty Financial Service was the worst performer, down by 0.86 per cent.