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Indian share market ends flat, gold continues to trade low

November 11, 2024

Mumbai, Nov 11

The Indian stock markets closed flat on Monday as selling was seen in the auto, pharma, FMCG, and metal sectors.

Sensex closed at 79,496.15 after a marginal gain of 9.83 points or 0.01 per cent.

Nifty closed at 24,141.30 after a marginal decline of 6.90 points or 0.03 per cent.

Nifty Bank rose 315.55 points or 0.61 per cent to 51,876.75. The Nifty Midcap 100 index closed at 55,853.75 at the end of trading after falling 498.25 points or 0.83 per cent. Nifty Smallcap 100 index closed at 18,225.15 after falling 220.45 points or 1.20 per cent.

Buying was seen in the IT, PSU Bank, Financial Services, Private Bank and PSE sectors of Nifty. There was heavy selling in the metal, media and healthcare sectors.

Asian Paints, Tata Steel, Bajaj Finance, M&M, JSW Steel, NTPC, Bajaj Finserv, and L&T were the top losers in the Sensex pack. At the same time, Power Grid, HCL Tech, Infosys, Tech Mahindra, TCS, Maruti, ICICI Bank, HDFC, and Titan were the top gainers.

Asian Paints shares fell sharply after several brokerage firms expressed disappointment over poor second-quarter results. Its shares fell 8.21 per cent.

On the Bombay Stock Exchange (BSE), 1,539 stocks traded in green, 2,557 stocks in red, and there was no change in 117 stocks.

 

 

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