Flat trading as investors stay on sidelines
Sensex and Nifty edge down in highly volatile trade on Thursday amid lack of any major trigger
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Mumbai: Benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade on Thursday as losses in healthcare and IT stocks were largely offset by gains in energy and metal shares amid positive global trends. The 30-share BSE Sensex dipped 5.43 points or 0.01 per cent to settle at 66,017.81. During the day, it hit a high of 66,235.24 and a low of 65,980.50. The Nifty slipped 9.85 points or 0.05 per cent to 19,802.
“It turned out to be a dull session as the benchmark ended unchanged after trading in a narrow band. After the initial uptick, Nifty slipped lower in no time and remained in a tight range till the end,” said Ajit Mishra, SV-P (technical research), Religare Broking Ltd.
