Closing Bell: Indices end on a flat note after rangebound trade; Nifty above 10,800, Bharti Airtel up 5%.
Benchmark indices ended positive but remained flat throughout the day with Nifty close just above 10,800 mark.
At the end, Sensex was up 33.29 points at 35962.93, while Nifty was up 14 points at 10805.50. About 1249 shares have advanced, 1287 shares declined, and 145 shares are unchanged.
Bharti Airtel, Yes Bank, ONGC, NTPC and Asian Paints are the top gainers on the Sensex, while losers are HDFC, Wipro, L&T, Adani Ports and Bajaj Auto.
Among sectors, except pharma and metal all other sectoral indices ended in green, while midcap and smallcap stocks ended flat.
HEADLINES OF THE DAY
Benchmark indices ended positive but remained flat throughout the day with Nifty close just above 10,800 mark.
At the end, Sensex was up 33.29 points at 35962.93, while Nifty was up 14 points at 10805.50. About 1249 shares have advanced, 1287 shares declined, and 145 shares are unchanged.
Bharti Airtel, Yes Bank, ONGC, NTPC and Asian Paints are the top gainers on the Sensex, while losers are HDFC, Wipro, L&T, Adani Ports and Bajaj Auto.
Among sectors, except pharma and metal all other sectoral indices ended in green, while midcap and smallcap stocks ended flat.
Anti-dumping Duty Likely On Chinese Chemical
The government may impose anti-dumping duty for five years on a Chinese chemical used in dye and photography industry in order to guard domestic players from cheap imports from the neighbouring country.
Drug firm Alembic Pharmaceuticals said it has raised Rs 350 crore through allotment of non-convertible debentures (NCDs) on private placement basis.
Auto major Honda Cars India said it will increase prices of its entire model range from next month in order to partially offset the impact of rising input costs.
The crucial resistance for Nifty spot is now seen at 10960 and above this 11200 Support for the immediate term is now placed at 10690 next support will be 10500.
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