Live
- A Guide to Temperature and Humidity Standards in Data Center Server Rooms
- Gadwal collector briefs on details of voters
- Jupally Krishna Rao takes part in Alampur rallu
- Bharath Prasad files 3rd Nomination
- Baisakh Month: A Time of Auspicious Beginnings and Sacred Festivals
- Oust BJD govt for overall development, says Shah
- Unveiling the Hidden Gems: Surprising Health Benefits of Garlic Peels
- Overcoming Sleep Struggles: A Comprehensive Guide to a Restful Night
- RTC bus hit the auto
- MLA Kuchukula Rajesh Reddy participated in the Birappa festival
Markets end higher amid see-saw trade
Markets end higher amid see-saw trade
Markets broke their two-session losing run to end with slim gains on Monday as investors made a cautious return to equities amid mixed global cues.
Mumbai: Markets broke their two-session losing run to end with slim gains on Monday as investors made a cautious return to equities amid mixed global cues.
A depreciating rupee and concerns over economic recovery contributed to the risk-off sentiment, traders said. After fluctuating between mild gains and losses during the session, the 30-share BSE Sensex finally settled 60.05 points or 0.16 per cent higher at 38,417.23.
Similarly, the NSE Nifty advanced 21.20 points or 0.19 per cent to close at 11,355.05. HUL was the top gainer in the Sensex pack, spurting 1.77 per cent, followed by TCS, ITC, Asian Paints, HDFC, HCL Tech and Nestle India.
On the other hand, M&M, Bajaj Finance, NTPC, UltraTech Cement, ONGC and Bharti Airtel were among the major laggards, dropping up to 3.46 per cent.
"Indian markets traded with volatility and finally ended the day with a positive bias. Virus infections continued to rise unabated and this fear combined with a selloff seen in the US markets in the previous trading session served to bring in doubts regarding the continuation of the momentum seen in recent times in the market. "Investors would do well to stay nimble, watch global sentiments and trade cautiously," said Vinod Nair, Head of Research at Geojit Financial Services. BSE IT, FMCG, teck, metal, consumer durables, healthcare and energy indices ended up to 0.81 per cent higher, while realty, utilities, basic materials, oil and gas, auto and capital goods closed with losses. In the broader markets, the BSE mid-cap and small-cap indices fell as much as 0.78 per cent.
