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BSE Sensex closes flat ahead of Parliament's FDI vote

BSE Sensex closes flat ahead of Parliament's FDI vote

The BSE Sensex witnessed a lacklustre trade, losing 35 points ahead of a vote in Parliament on allowing foreign direct investment (FDI) in multi-brand retail.

The BSE Sensex witnessed a lacklustre trade on Monday, losing 35 points ahead of a vote in Parliament on allowing foreign direct investment (FDI) in multi-brand retail.

The 30-share index of the Bombay Stock Exchange, which gained nearly 835 points in the previous four sessions, closed the day's trade at 19,305.32 - down 34.58 points, or 0.18 per cent.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange also closed 8.90 points, or 0.15 per cent, lower at 5,870.95.

The Sensex touched a high of 19,416.45 and a low of 19,257.30 points intra-day. However, the BSE midcap index was up 83.49 points while the smallcap index closed higher by 62.48 points.

The BSE banks index ended lower by 56.46 points, followed by fast moving consumer goods (FMCG) index, down 20.52 points.

However, the metals index went up 82.70 points. And so were the consumer durables index, up 44.41 points, capital goods index, up 39.56 points, and oil and gas index, up 38.96 points.



Among the gainers were BHEL, up 1.59 per cent at Rs 237.05; State Bank of India (SBI), up 1.53 per cent at Rs 2,203.30; Tata Steel, up 1.36 per cent at Rs 390.65; Reliance Industries, up 1.23 per cent at Rs 803.70; and Mahindra and Mahindra, up 1.15 per cent at Rs 955.70.

The major losers were HDFC Bank, 2.37 per cent lower at Rs 687.00; Bharti Airtel, down 1.76 points at Rs 331.20; GAIL India, down 1.06 per cent at Rs 348.60; ONGC, down 0.89 per cent at Rs 262.55; and NTPC, down 0.89 per cent at Rs 160.65.

Among other Asian markets, Japan's Nikkei rose 0.13 per cent, while Hong Kong's Hang Seng was down 1.19 per cent. China's Shanghai Composite Index was down 1.03 per cent.

All major European markets were trading flat. Britain's FTSE 100 was up 0.20 per cent, while the German DAX was trading higher by 0.41 per cent. The French CAC 40 index was also up 0.46 per cent.

With inputs from IANS

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Dec 03, 2012, 10:22 AM IST
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