![](https://www.udayavani.com/wp-content/uploads/2024/09/Rajnath-singh-pti280220-1-415x242.jpg)
Sensex, Nifty settle almost flat in lacklustre trade
PTI, Aug 19, 2024, 4:38 PM IST
![](https://www.udayavani.com/wp-content/uploads/2024/08/stock-market-Pexels-620x388.jpg)
Representative image (source: Pexels)
Mumbai: Benchmark equity indices Sensex and Nifty ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers.
Participants also booked profits in select blue-chip stocks amid high valuation concerns, according to experts.
In a range-bound trade, the 30-share BSE Sensex slipped 12.16 points or 0.02 per cent to settle at 80,424.68. During the day, it hit a high of 80,724.40 and a low of 80,332.65.
The NSE Nifty edged up 31.50 points or 0.13 per cent to 24,572.65 in a volatile trade.
Among the 30 Sensex firms, Mahindra & Mahindra, IndusInd Bank, Bharti Airtel, Axis Bank, Tata Motors and ICICI Bank were the biggest laggards.
In contrast, Tata Steel, Tata Consultancy Services, NTPC, JSW Steel, Asian Paints and Reliance Industries were gainers.
“The Indian market failed to catch up with the initial gains as there is a degree of profit booking witnessed in auto stocks due to a slowdown in demand,” said Vinod Nair, Head of Research, Geojit Financial Services.
In Asian markets, Shanghai and Hong Kong settled higher, while Seoul and Tokyo ended lower.
European markets were trading mostly higher. The US markets ended in positive territory on Friday.
“Markets began the week on a muted note and ended nearly flat, taking a breather after Friday’s surge. Following an initial uptick, the Nifty traded within a narrow range,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.
Foreign Institutional Investors (FIIs) turned buyers on Friday as they bought equities worth Rs 766.52 crore, according to exchange data.
Domestic Institutional Investors (DIIs) bought equities worth Rs 2,606.18 crore on Friday.
Global oil benchmark Brent crude dipped 0.82 per cent to USD 79.03 a barrel.
The BSE benchmark jumped 1,330.96 points or 1.68 per cent to settle at 80,436.84 on Friday, marking its best single-day gains in more than two months. The NSE Nifty surged 397.40 points or 1.65 per cent to settle at a two-week high of 24,541.15.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
![](https://www.udayavani.com/wp-content/uploads/2023/05/IndianClicks_GVega_Udayavani_300x250_12032021_1_1.gif)
Related Articles More
![](https://www.udayavani.com/wp-content/uploads/2024/09/Sumi-Bora-150x84.jpg)
Assamese actor Sumi Bora to surrender amid multi-crore stock market scam probe
![](https://www.udayavani.com/wp-content/uploads/2024/09/trading_pti-150x84.jpg)
Sensex declines by 398 pts, Nifty ends below 25K on profit taking in Tata Motors, RIL
![](https://www.udayavani.com/wp-content/uploads/2024/09/sc_pti-3-150x84.jpg)
SC to hear plea related to insolvency proceedings against ed-tech firm Byju’s on Sept 17
![](https://www.udayavani.com/wp-content/uploads/2024/09/BSE_pti-4-150x84.jpg)
Markets decline in early trade after two days of rally
![](https://www.udayavani.com/wp-content/uploads/2024/09/BSE_pti-3-150x84.jpg)
Sensex climbs 362 pts, Nifty closes above 25,000 mark on gains in IT, telecom shares
MUST WATCH
Latest Additions
![](https://www.udayavani.com/wp-content/uploads/2024/09/Rajnath-singh-pti280220-1-150x87.jpg)
India’s aim is to unite, move forward together with other nations: Rajnath
![](https://www.udayavani.com/wp-content/uploads/2024/09/HC-11-129x115.jpg)
Delhi HC asks Puja Khedkar to respond to UPSC’s plea seeking perjury proceedings against her
![](https://www.udayavani.com/wp-content/uploads/2024/09/pramod-muta-150x83.jpg)
Ganesha Procession Violence: Pramod Muthalik calls for boycott of Muslims
![](https://www.udayavani.com/wp-content/uploads/2024/09/bjp-10-129x115.jpg)
Row over PM Modi attending Ganpati Puja celebrations at CJI’s residence: BJP slams opposition
![](https://www.udayavani.com/wp-content/uploads/2024/09/parameshwar-1-129x115.jpg)
Nagamangala incident happened ‘on spur of moment’, not communal violence: Home Minister
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.