Nifty And Sensex Ended Flat, Metals Outperformed

Nifty And Sensex Ended Flat, Metals Outperformed

Nifty and Sensex ended with marginal gains on April series expiry day. Metal stocks outperformed.

At close, the Sensex was up 32.10 points or 0.06 per cent at 49, 765.94 and the Nifty was up 30.40 points or 0.20 per cent at 14,894.90.

About 1376 shares have advanced, 1505 shares declined and 176 shares remain unchanged.

On the Nifty 50 index, JSW Steel (9.64 per cent), Bajaj Finserv (6.55 per cent), Tata Steel (6.17 per cent), Bajaj Finance (3.86 per cent) and Hindalco (2.63 per cent) were the top gainers for the day, while Eicher Motors (-2.31 per cent), Hero Motocorp (-2.26 per cent), HCL Tech (-1.54 per cent), HDFC (-1.48 per cent) and Bajaj Auto (-1.37 per cent) were the top losers for the day.

On the sectoral front, Nifty Metal gained 4.53 per cent to become the top gainer for the day. Pharma, Infra and Financial Services indices gained slightly less than 0.50 a per cent while, Bank, IT, Real Estate and Auto indices lost 0.25 per cent to 1 per cent.

The BSE Midcap index lost 0.18 per cent while the Smallcap index gained 0.13 per cent.

Author’s View: Nifty saw some profit booking after crossing 15,000 earlier in the day. The market seems to be bullish and Nifty might move up further to levels closer to 15,100 – 15,200.

Disclaimer:  The view/s expressed above are only for educational/awareness purpose. 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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