Sensex, Nifty close in flat Note; Banking Stocks Outperform
Sensex, Nifty close in flat Note; Banking Stocks Outperform
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The key benchmarks indices snapped their three-day rising streak and ended almost flat after a volatile session on Wednesday. The Sensex ended 29 points lower at 58,250 and Nifty 50 index slipped 9 points to close at 17,353. Nine of 15 sector gauges compiled by the National Stock Exchange ended higher, led by the Nifty Bank index's 1 percent gain.

Nifty Bank index ended up 0.82 percent at 36768.2 today. Kotak Mahindra Bank Ltd jumped 2.86 percent, Federal Bank Ltd rose 1.90 percent and AU Small Finance Bank Ltd added 1.50 percent.

Sectorally Nifty Financial Services, PSU Bank, Private Bank, Consumer Durables and Realty indices also rose between 0.5-1 percent. On the other hand, Healthcare, Realty, Pharma, Media and Information Technology indices closed lower.

Kotak Mahindra Bank was the top Nifty gainer, followed by Power Grid, Grasim Industries, Coal India, NTPC, Titan, Tata Consumer Products, HDFC Life and UPL also rose between 1-2 percent. On the flipside, Divis' Lab, Nestle India, Wipro, SBI Life, Hindalco, Maruti Suzuki, Bajaj Auto, Bajaj Finserv, TCS, Larsen & Toubro and Britannia Industries ended lower.

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