Closing bell: Markets end on flat note; Sensex at 61,756.10, Nifty at 18,259.30

Closing bell: Markets end on flat note; Sensex at 61,756.10, Nifty at 18,259.30

IndusInd Bank, TCS, Axis Bank, Tata Motors and Mahindra and Mahindra were among the gainers whereas HDFC Bank, Bharti Airtel, Titan, Kotak Bank, Sun Pharma and ICICI Bank were among the losers.

FPJ Web DeskUpdated: Tuesday, May 09, 2023, 04:31 PM IST
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Closing bell: Markets end on flat note; Sensex at 61,756.10, Nifty at 18,259.30 | Image: Wikipedia (Representative)

The markets on Tuesday after mixed trades closed flat with Sensex down by 8.15 points at 61,756.10, Nifty was at 18,259.30 with a loss of 5.10 points. IndusInd Bank, TCS, Axis Bank, Tata Motors and Mahindra and Mahindra were among the gainers whereas HDFC Bank, Bharti Airtel, Titan, Kotak Bank, Sun Pharma and ICICI Bank were among the losers.

Among the Sensex firms, ITC, State Bank of India, Bajaj Finance, NTPC, Power Grid, ICICI Bank, Kotak Mahindra Bank and UltraTech Cement were the major laggards.

IndusInd Bank, Tata Consultancy Services, Axis Bank, Mahindra & Mahindra, Tata Motors, HCL Technologies, Asian Paints, Wipro, HDFC and Maruti were among the major gainers.

In Asian markets, Seoul, Shanghai and Hong Kong ended lower, while Tokyo settled in the green.

European markets were trading in the negative territory. The US markets had ended on a mixed note on Monday.

Foreign Institutional Investors (FIIs) were net buyers on Monday as they bought equities worth Rs 2,123.76 crore, according to exchange data.

Meanwhile, global oil benchmark Brent crude dipped 0.88 per cent to USD 76.33 per barrel.

Fitch on Tuesday affirmed India's sovereign rating at 'BBB-' with a stable outlook, on robust growth and resilient external finances, but said weak public finances remain a challenge.

The BSE benchmark had rallied 709.96 points or 1.16 per cent to settle at 61,764.25 on Monday. The Nifty had climbed 195.40 points or 1.08 per cent to end at 18,264.40.

With inputs from PTI

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