The two key equity benchmarks, Sensex and Nifty, on Monday were trading flat amid volatility and profit booking in financial and FMCG stocks. At 10.20 am, the BSE Sensex was down 10 points to 65,376. On the other hand, the NSE Nifty50 was trading at 19,454, up 18 points.
On the 30-share Sensex platform, Tata Steel, UltraCemco, JSW Steel, NTPC, L&T, Maruti were among the early gainers. On the downside, Asian Paints, ICICI Bank, M&M, Sun Pharma, Titan, Nestle, Tata Motors emerged losers. Among specific stocks, IDBI Bank jumped nearly 6 per cent after the Department of Investment and Public Asset Management said it has invited bids to appoint an asset valuer for the lender’s stake sale. RVNL surged nearly 7 per cent after the firm won a Rs 282 crore order from Madhya Gujarat Vij (MGVCL) for full Turnkey contract for development of distribution infrastructure work for loss reduction at Dahod.
In the broader markets, the BSE Midcap and Smallcap indices added 0.48 per cent and 0.69 per cent, respectively.
All sectoral indices are trading in the green, with metal index up nearly 3 per cent and realty index up 1 per cent. Nifty PSU Bank and Realty indices also rose 0.7 per cent each, followed by the Nifty Auto index (up 0.3 per cent).
In the previous session on Friday, the S&P BSE Sensex surged 556 points to close at 65,387, while the Nifty50, ended at 19,435, up 182 points.
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