Sensex, Nifty finish marginally greater; ONGC rallies 6 per cent


Sensex, Nifty
Picture Supply : PTI

Sensex, Nifty finish marginally greater; ONGC rallies 6 per cent

Fairness benchmarks Sensex and Nifty ended marginally greater on Tuesday amid excessive volatility and tepid cues from world markets. After gyrating 667.46 fac tors throughout the day, the 30-share BSE Sensex ended 7.09 factors or 0.01 per cent greater at 49,751.41. After an identical motion, the broader NSE Nifty settled 32.10 factors or 0.22 per cent up at 14,707.80.

ONGC was the highest gainer within the Sensex pack, rallying round 6 per cent, adopted by IndusInd Financial institution, L&T, UltraTech Cement, Titan, SBI and NTPC.

Alternatively, Kotak Financial institution, Maruti, Bajaj Auto, HDFC Financial institution and HCL Tech have been among the many laggards.

Home equities witnessed curler coaster experience amid excessive volatility, with metals and realty indices recording substantial features, stated Binod Modi, Head – Technique at Reliance Securities.

“Considerations pertaining to extend in bond yields and better commodity costs dented traders’ sentiments in final couple of days. Nonetheless, underlying energy of financial system and market stays intact,” he added.

Elsewhere in Asia, bourses in Shanghai and Seoul ended on a unfavorable word, whereas Hong Kong settled with features.

Inventory exchanges in Europe have been additionally buying and selling within the crimson in mid-session offers.

In the meantime, the worldwide oil benchmark Brent crude was buying and selling 0.81 per cent greater at USD 64.88 per barrel.

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