MUMBAI: Markets ended the choppy session on a flat note Tuesday due to lack of conviction even after positive results by Infosys Technologies. Broader markets were the worst hit as traders booked profits at higher levels.
Bombay Stock Exchange’s Sensex closed at 9101.04, down 9.01 points or 0.10 per cent. The index breached 9000 mark to touch a low of 8992.92 and high of 9261 in intra-day trade.
National Stock Exchange’s Nifty ended at 2759.05, down 0.51 per cent or 14.05 points. The broader index touched an intra-day low of 2720.80 and high of 2802.60.
BSE Midcap Index was down 1.26 per cent and BSE Smallcap Index fell 1.41 per cent.
Wipro (7.32%), Infosys Technologies (6.36%), Ranbaxy Laboratories (5.82%), Tata Power (3.93%) and ACC (3.81%) were the major Sensex gainers.
Shares of Infosys Technologies surged after the company report better than expected numbers for quarter ended December. It reported 14.5 per cent jump in net profit at Rs 1641 crore against Rs 1432 crore (QoQ). Income stood at Rs 5786 crore vs Rs 5418 crore (QoQ). The EPS is Rs 28.63 per share.
Reliance Communications (-6.42%), HDFC (-3.80%), Tata Motors (-3.24%), Bharti Airtel (-3.06%) and ONGC (-2.92%) were Sensex losers.
Market breadth was negative on the BSE with 1551 declines and 854 advances
Source: http://economictimes.indiatimes.com/Markets/Stocks/Sensex_ends_volatile_session_flat_Wipro_Infy_up/articleshow/3972735.cms
Bombay Stock Exchange’s Sensex closed at 9101.04, down 9.01 points or 0.10 per cent. The index breached 9000 mark to touch a low of 8992.92 and high of 9261 in intra-day trade.
National Stock Exchange’s Nifty ended at 2759.05, down 0.51 per cent or 14.05 points. The broader index touched an intra-day low of 2720.80 and high of 2802.60.
BSE Midcap Index was down 1.26 per cent and BSE Smallcap Index fell 1.41 per cent.
Wipro (7.32%), Infosys Technologies (6.36%), Ranbaxy Laboratories (5.82%), Tata Power (3.93%) and ACC (3.81%) were the major Sensex gainers.
Shares of Infosys Technologies surged after the company report better than expected numbers for quarter ended December. It reported 14.5 per cent jump in net profit at Rs 1641 crore against Rs 1432 crore (QoQ). Income stood at Rs 5786 crore vs Rs 5418 crore (QoQ). The EPS is Rs 28.63 per share.
Reliance Communications (-6.42%), HDFC (-3.80%), Tata Motors (-3.24%), Bharti Airtel (-3.06%) and ONGC (-2.92%) were Sensex losers.
Market breadth was negative on the BSE with 1551 declines and 854 advances
Source: http://economictimes.indiatimes.com/Markets/Stocks/Sensex_ends_volatile_session_flat_Wipro_Infy_up/articleshow/3972735.cms
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