Market Close: Sensex, Nifty End Flat In Lacklustre Trade; HPCL Up 7%, Cipla Tanks 8%
Market Close: Sensex, Nifty End Flat In Lacklustre Trade; HPCL Up 7%, Cipla Tanks 8%
Equity benchmark indices started Thursday's trading session on a cautious note, amid mixed global cues

Sensex Today: Key benchmark indices exhibited lacklustre trade on Thursday amid mixed global cues.

The S&P BSE Sensex touched a high of 66,235, and a low of 65,981, before settling almost unmoved at 66,018 – down five points. The NSE Nifty50 managed to sustain above the 19,800 level for the second straight day, even as it closed 10 points lower.

Hero MotoCorp up nearly 5 per cent was the top gainer among the Nifty 50 stocks. Bajaj Auto rallied over 3 per cent. BPCL, Eicher Motors, IndusInd Bank, Coal India and JSW Steel were the other major gainers, up 1 – 2 per cent each.

On the other hand, Cipla tanked almost 8 per cent. UltraTech cement, LTIMindtree, SBI Life Insurance and Larsen & Toubro were the other significant losers.

Among the broader indices, the BSE MidCap gained 0.2 per cent, while the SmallCap added 0.5 per cent. Sectorally, realty, sugar and textile shares logged strong gains.

Global Cues

Overnight, the US market ended higher on hopes that the Fed may be done with rate hikes after data data suggested that the economy is easing but may stay strong enough to avoid recession.

Near home, Nikkei, Kospi and Taiwan gained 0.1 – 0.3 per cent, while Hang Seng and Shanghai indices slipped up to 0.7 per cent.

Crude oil prices were in focus owing to the unexpected delay in OPEC+ meeting scheduled for Sunday. This morning, Brent crude was down 1.4 per cent at $80.8 per barrel.

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