Sensex closes flat amid weak global cues
Mumbai: The benchmark index of the Indian equities markets ended flat Wednesday, 11 points lower, even as global markets weakened. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,486.69 points, ended at 17,474.49 points, down 11.57 points or 0.07 percent from its previous close at 17,486.06 points. ONGC and RIL were among the key stocks that pulled down the Sensex.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty ended at 5,221.7 points, against the previous close at 5,225.65 points, a loss of 0.08 percent or 3.95 points. The chart showing 52-week performance of Sensex is given on left.
Broader markets were also dull, with the BSE midcap index closing 0.27 percent lower and the BSE small cap index ending 0.07 percent up.
The market breadth was negative, with 1,212 stocks advancing, compared to 1,699 on the decline, and 70 remaining unchanged.
Among the major gainers were Bharti Airtel, up 3.41 percent at 
330.90; Maruti Suzuki, up 2.62 percent at 1,456.95; Tata Steel, up 2.49 percent at 653.65; and Hindalco, up 1.78 percent at 165.75.
Top losers included Jaiprakash Associates, down 3.12 percent at 155.20; ONGC, down 2.92 percent at 1,163.05; Sterlite Industries, down 1.79 percent at 853.55; and DLF, down 1.76 percent at 373.50.
Data with markets watchdog Securities and Exchange Board of India (SEBI) showed that foreign funds were net sellers Wednesday, having sold scrips worth $98.97 million.
Most other Asian markets closed in the red backed by fears that a state-sponsored lending curb by China would lead to lower economic growth in that country.
The Chinese Shanghai composite index fell 2.93 percent to 3,151.85 points, while the benchmark Japanese index Nikkei ended 0.25 percent lower at 10,737.52 points.
The Hang Seng of the Hong Kong Stock Exchange closed 1.81 percent lower at 21,286.17 points, while the Korean Kospi ended marginally higher at 1,714.38, up 0.24 percent.
European markets were also trading with a negative bias.
The FTSE 100 index, the benchmark index of the London Stock Exchange, was ruling 0.36 percent lower at 5,493.47 points, while the French index, CAC 40, was down 0.16 percent at 4,003.43 points.
Its German peer, the DAX, was ruling 0.17 percent lower at 5,966.21 points.
Source: IANS
330.90; Maruti Suzuki, up 2.62 percent at 1,456.95; Tata Steel, up 2.49 percent at 653.65; and Hindalco, up 1.78 percent at 165.75.
Top losers included Jaiprakash Associates, down 3.12 percent at 155.20; ONGC, down 2.92 percent at 1,163.05; Sterlite Industries, down 1.79 percent at 853.55; and DLF, down 1.76 percent at 373.50.
Data with markets watchdog Securities and Exchange Board of India (SEBI) showed that foreign funds were net sellers Wednesday, having sold scrips worth $98.97 million.
Most other Asian markets closed in the red backed by fears that a state-sponsored lending curb by China would lead to lower economic growth in that country.
The Chinese Shanghai composite index fell 2.93 percent to 3,151.85 points, while the benchmark Japanese index Nikkei ended 0.25 percent lower at 10,737.52 points.
The Hang Seng of the Hong Kong Stock Exchange closed 1.81 percent lower at 21,286.17 points, while the Korean Kospi ended marginally higher at 1,714.38, up 0.24 percent.
European markets were also trading with a negative bias.
The FTSE 100 index, the benchmark index of the London Stock Exchange, was ruling 0.36 percent lower at 5,493.47 points, while the French index, CAC 40, was down 0.16 percent at 4,003.43 points.
Its German peer, the DAX, was ruling 0.17 percent lower at 5,966.21 points.