Nifty, Sensex opens at fresh all-time high then trades flat

Domestic stock market benchmarks slipped into the red after having begun the morning's trade in the green.

Domestic share market benchmarks had claimed new all-time highs on Thursday’s opening bell, Bombay Stock Exchange Sensex touched 54,576 and broader NSE Nifty 50 crossed 16,290.

 

After breaching all-time highs both the market benchmarks were seen trimming gains to trade flat with a positive bias.

 

The NSE Nifty was down 8.95 points or 0.06 per cent lower to 16,249 and BSE Sensex 8.33 points or 0.02 per cent to 54,361. Bank Nifty was trading in losses, down 0.23 per cent to give up 36,000 mark. Sectoral indices underperformed and traded with losses and India VIX too was in the red.

 

Bharti Airtel was the top gainer in the Sensex pack, breached 2.8 per cent, followed by Tech Mahindra, Asian Paints, Nestle India and Reliance Industries. IndusInd Bank was the worst performer in the Sensex pack, down with 1.8 per cent, followed by ICICI Bank, HDFC, Maruti Suzuki India and Titan were among other laggards.

 

While the Asian equities, bourses in Shanghai and Tokyo were trading in the green territory in mid-session deals, while Hong Kong and Seoul were trading in losses. Wall Street stocks largely ended on red in the overnight trade.

 

India Scanner News Network

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