Sensex, Nifty end marginally lower after choppy session
PTI, Dec 10, 2021, 5:09 PM IST
Mumbai: Equity benchmarks Sensex and Nifty ended marginally lower on Friday, led by losses in index majors HDFC twins, Infosys and Kotak Bank amid negative global cues.
The 30-share BSE Sensex declined 20.46 points or 0.03 per cent to end at 58,786.67. Similarly, the broader NSE Nifty slipped 5.55 points or 0.03 per cent to 17,511.30.
Titan was the top loser in the Sensex pack, shedding over 1 per cent, followed by HDFC, Axis Bank, Kotak Bank and Tech Mahindra.
On the other hand, Asian Paints, SBI, M&M, TCS and Bajaj Finserv were among the gainers.
Domestic equities gave positive returns this week amid easing concerns pertaining to the potential severity of the Omicron variant of COVID-19, said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.
Sensex and Nifty gave positive returns of around 1.7 per cent this week. BSE Midcap and BSE Smallcap index outperformed the larger indices with gains ranging between 2-3 per cent this week. The majority of the sectoral indices saw positive returns.
“Markets in the immediate term will keenly watch out for the actions on asset tapering and key policy rates in the upcoming US Federal Reserve meet,” he added.
Elsewhere in Asia, bourses in Shanghai, Tokyo, Seoul and Hong Kong ended with losses.
Stock exchanges in Europe were also trading in the red in mid-session deals.
Meanwhile, international oil benchmark Brent crude rose 0.39 per cent to USD 74.71 per barrel.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex snaps 5-day losing streak; rises 602 pts on DII push, value buying
Markets rebound in early trade on buying in ICICI Bank, firm trends in Asian peers
AI Express plans to start flights to Bangkok, Phuket
FPIs withdraw Rs 85,790 cr from Indian equities in Oct on attractive Chinese market valuations
Air India tweaks policy; ultra long haul flights’ cabin crew to get single rooms during layovers
MUST WATCH
Latest Additions
Heartfelt Farewell: Elephants mourn the loss of their own in Chikkamagaluru forest
Malayalam film director booked for sexually assaulting man in Bengaluru
13-year-old girl raped in Navi Mumbai orphanage; four booked
Thrissur Pooram row: Opposition accuses Kerala CM Vijayan of ‘cheating’ people
Techie held under ‘digital arrest’ in Telangana, manages to escape with police help
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.