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Benchmark Indices End Flat, Realty Stocks Gain


Benchmark Indices End Flat, Realty Stocks Gain
SHARES

Nifty and Sensex gave up intraday gains to end flat amid a volatile trading session on 12th July 2021.

At close, the Sensex was down 13.50 points or 0.03 per cent at 52,372.69 and the Nifty was up 2.80 points or 0.02 points at 15,692.60.

About 1889 shares have advanced, 1163 shares declined and 149 shares remain unchanged.

On the Nifty 50 index, Grasim (2.58 per cent), Ultratech Cement (1.88 per cent), Shree Cements (1.88 per cent), JSW Steel (1.81 per cent) and SBI Life Insurance (1.36 per cent) were the top gainers for the day, while Adani Ports (-1.45 per cent), BPCL (-1.36 per cent), Tata Steel (-1.28 per cent), Bharti Airtel (-1.18 per cent) and Infosys (-1.02 per cent) were the top losers for the day.

On the sectoral front, Realty index gained 3.5 per cent, while selling was seen in the IT, Metal, Oil and Gas indices.

The BSE Midcap and Smallcap indices gained 0.40 per cent and 0.75 per cent respectively.

Author’s View: Nifty failed to sustain over 15,700. However, the trend remains positive till the Nifty is trading above 15,450. Any dip should be utilized as a buying opportunity till 15,450 is not broken on a closing basis.

Disclaimer:  The view/s expressed above are only for educational/awareness purposes. Mumbailive.com or the author of the post bears no liability for any losses suffered by following any advice posted on the website. You are solely responsible for making your own investment decisions.

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