Lukewarm trading amid F&O expiry
Sensex, Nifty edge down; RIL tumbles nearly 2% on profit booking; FIIs net sellers for 3rd consecutive mth
image for illustrative purpose
Tepid Show
- BSE Sensex lower by 12.17 pts to 57,794.32 amid the monthly expiry of derivatives contracts. - 14 of Sensex stocks declined
- NSE Nifty eased 9.65 pts to 17,203.95
- 27 of Nifty constituents in the red
- Reliance Industries top loser
- Tata Steel,Maruti, Bajaj Fin, Sun Pharma, SBI, Nestle, M&M and UltraTech were among losers
- Shanghai and Hong Kong ended with gains
- Seoul and Tokyo declined
- European stocks trading in a mixed note
Mumbai: Benchmark stock indices Sensex and Nifty ended marginally down on Thursday due to losses in oil and gas, metal and auto stocks as investors remained cautious amid surging Omicron cases.
The 30-share BSE Sensex closed lower by 12.17 points or 0.02 per cent at 57,794.32 amid the monthly expiry of derivatives contracts. As many as 14 of its stocks declined while 16 advanced.
The broader NSE Nifty edged down by 9.65 points or 0.06 per cent to 17,203.95 with 27 of its constituents closing in the red. Analysts said benchmark stock indices continued to trade in a narrow range on the back of thin volumes due to tepid investor activity ahead of the year-end.
Reliance Industries was the top loser in the Sensex pack, falling nearly 2 per cent due to profit-booking by investors.
"On a monthly expiry day, the markets had a rollercoaster ride. The start was weak amid a muted show of global peers due to concerns with regards to the rise in Omicron cases. Selling pressure in sectors such as metals, PSU banks and Oil & Gas impacted sentiments," said Ajit Mishra, V-P (research), Religare Broking Ltd.
