Business

Amid extreme volatility, markets remain flat

Following initial advances in a very turbulent trade on Friday, equity benchmark indices were trading flat with a lack of an obvious trigger.

In the early trade, the 30-share BSE Sensex rose 67.71 points to 66,085.52. The Nifty gained 28.9 points to 19,830.90.

However, both the benchmark indices afterward experienced extreme volatility and were trading between highs and lows.

NTPC, Mahindra & Mahindra, Sun Pharma, UltraTech Cement, HDFC Bank, and Axis Bank were the top gainers on Sensex.

Among the laggards were Tata Motors, HCL Tech, Tech Mahindra, and Bajaj Finserv.

Tokyo was trading higher in Asian markets, while Seoul, Shanghai, and Hong Kong were trading lower.

On Thursday, the US markets were closed for the Thanksgiving holiday.

Brent crude lost 0.02 percent to USD 81.40 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) purchased securities worth Rs 255.53 crore on Thursday.

On Thursday, the BSE benchmark slipped 5.43 points or 0.01 percent to 66,017.81. The Nifty sank 9.85 points or 0.05 percent to 19,802.

Also read: Israeli forces claim air strike kills Hamas naval commander

Spriha Rai

Recent Posts

Haryana Sees 67.90% Polling, Says Chief Electoral Officer

Sirsa district reported the highest voter turnout at 75.36%, while Faridabad recorded the lowest at…

29 mins ago

Allahabad High Court Issues Guidelines To Pay ₹18,000 Monthly To 3,209 Daily Wage Workers In UP Forest Department

The court had previously mandated the formation of a committee, chaired by the Additional Chief…

47 mins ago

Rajnath Singh To Inaugurate DefConnect 4.0 In New Delhi

Organized by Innovations for Defence Excellence - Defence Innovation Organisation (iDEX-DIO) under the Ministry of…

3 hours ago

EAM Jaishankar Critiques UN’s Role In Global Affairs

Reflecting on the UN's limited role during the Covid-19 pandemic, Jaishankar remarked, "Think about what…

3 hours ago

Calcutta HC Orders Autopsy for Minor Victim In Rape and Murder Case In presence Of Magistrate

Justice Tirthankar Ghosh presided over the emergency session following instructions from Chief Justice T. S.…

3 hours ago

Maldives President Muizzu Arrives In India On First State Visit

"President Muizzu aims to enhance ties with nations vital for Maldives' growth," his office stated.…

3 hours ago