Market Watch

Tuesday 18 November 2014

Stock Market Report – Nifty, Sensex end flat



The BSE Sensex and Nifty were trading flat, paring gains from earlier in the session, dragged down by a 2.24 percent decline in index-heavyweight HDFC.
At close, the Sensex and the Nifty were down about 0.05 percent each to 28,163 and 8,425, respectively. In the broader market, mid and small cap shares, as measured by their BSE benchmarks, rose 0.27 percent and 0.95 percent.
Among sector gainers, sugar stocks witnessed strong buying amid hopes the government will soon announce sops to boost exports while jewelry stocks were down on reports fresh import curbs will be brought in for gold.
Telecom stocks too rose in trade led by bellwether Bharti Airtel, which was up 1.6 percent. Logistics shares continued their recent rally, with Container Corp and Snowman Logistics climbing 5 percent each while Patel Integrated was up 10 percent.

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