The benchmark indices were trading near the flat line in mid-afternoon trade. Auto stocks edged higher. The Nifty was trading below the 14,700 mark.
At 14:21 IST, the barometer index, the S&P BSE Sensex, was up 16.39 points or 0.03% to 49,175.71. The Nifty 50 index added 25.10 points or 0.17% to 14,662.90.
In broader market, the S&P BSE Mid-Cap index gained 0.88% while the S&P BSE Small-Cap index rose 0.65%.
The market breadth was weak. On the BSE, 1605 shares rose and 1187 shares fell. A total of 192 shares were unchanged.
Numbers To Track:
In the foreign exchange market, the partially convertible rupee fell to 73.36 compared with its previous closing of 73.30.
Read more about Sensex, Nifty end almost flat; pharma shares climb on Business Standard. The key equity indices ended almost flat with some positive bias after a volatile trade on Tuesday. Pharma stocks were in demand. The Nifty closed just shy of the 14,700 mark. Gains were capped amid a spike in Covid-19 cases in the country.
The key equity benchmarks traded with minor gains in morning trade. Metal stocks rose for seventh day. The Nifty hovered near the 14,700 mark.
At 10:24 IST, the barometer index, the S&P BSE Sensex, was up 130.63 points or 0.27% to 49,289.95. The Nifty 50 index added 53.60 points or 0.37% to 14,691.40.
In broader market, the S&P BSE Mid-Cap index gained 0.71% while the S&P BSE Small-Cap index rose 0.80%.
The market breadth was weak. On the BSE, 1644 shares rose and 778 shares fell. A total of 111 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 131,707,267 with 2,859,868 deaths.
India reported 788,223 active cases of COVID-19 infection and 165,547 deaths, according to the data from the Ministry of Health and Family Welfare, Government of India.
The domestic equity barometers further extended gains and hit fresh intraday high in mid-morning trade. The Nifty marched towards the 14,800 mark. IT, financials and bank stocks supported the upmove.
At 11:23 IST, the barometer index, the S&P BSE Sensex, was up 385.43 points or 0.78% to 49,544.75. The Nifty 50 index added 125.45 points or 0.86% to 14,763.25.
In broader market, the S&P BSE Mid-Cap index and the S&P BSE Small-Cap index rose 1.16% each.
The market breadth was strong. On the BSE, 1779 shares rose and 801 shares fell. A total of 132 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 131,707,267 with 2,859,868 deaths.
India reported 788,223 active cases of COVID-19 infection and 165,547 deaths, according to the data from the Ministry of Health and Family Welfare, Government of India.
Energy stocks were trading with losses, with the S&P BSE Energy index falling 41.13 points or 0.65% at 6238.8 at 13:49 IST. Among the components of the S&P BSE Energy index, Hindustan Oil Exploration Company Ltd (down 1.76%), Confidence Petroleum India Ltd (down 1.61%),Gujarat Gas Ltd (down 1.51%),Aegis Logistics Ltd (down 0.95%),Reliance Industries Ltd (down 0.92%), were the top losers. Among the other losers were Castrol India Ltd (down 0.72%), Hindustan Petroleum Corporation Ltd (down 0.6%), Selan Explorations Technology Ltd (down 0.42%), and Oil & Natural Gas Corpn Ltd (down 0.19%). On the other hand, Adani Total Gas Ltd (up 2.72%), Goa Carbon Ltd (up 1.03%), and Mangalore Refinery And Petrochemicals Ltd (up 0.64%) moved up.