Senex, Nifty Recover From Early Loses
(RTTNews) - Indian shares recovered from early losses to end on a flat note Tuesday.
The benchmark S&P/BSE Sensex ended the session down 109.12 points, or 0.14 percent, at 78,139.01 due to relentless FII selling on the year's final trading day.
The broader NSE Nifty index closed little changed with a negative bias at 23,644.80.
The Sensex and Nifty hit 77,560.79 and 23,460.45, respectively in intraday trading as a firmer dollar and elevated U.S. Treasury yields continued to exert pressure on emerging market assets.
The broader market outperformed, with the mid-cap and small-cap indexes on the BSE rising 0.1 percent and 0.7 percent, respectively.
The market breadth was also positive. On the BSE, 2,331 shares advanced, while 1,642 shares declined, and 106 shares ended unchanged.
SBI Life, Infosys, TCS, Tech Mahindra and Adani Enterprises fell 1-2 percent in the Nifty pack while Coal India, Trent, Kotak Mahindra Bank, ONGC and BEL rose 2-3 percent.
Venus Remedies gained 1.8 percent after receiving good manufacturing certification from the Ministry of Health of Moldova for its carbapenem facility.
Rail Vikas Nigam Limited surged 3.5 percent to snap a nine-day losing streak after it emerged as the lowest bidder for a Rs. 137-crore Central Railway project.
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