Sensex, Nifty end choppy trade on flat note weighed by weak earnings and foreign outflows
The BSE Sensex inched up 10 points or 0.01% to settle at 79,496, while the NSE Nifty slipped 7 points or 0.03% to close at 24,141.
The market capitalisation of all listed companies on BSE declined by Rs 1.8 lakh crore to Rs 442.54 lakh crore. The market breadth was skewed in the favour of the bears. About 2,568 stocks declined, 1,530 gained, and 115 remained unchanged on the BSE.
From the Sensex pack, Asian Paints, Tata Steel, Bajaj Finance, M&M, and JSW Steel closed with cuts, while Power Grid, HCL Tech, Infosys, Tech Mahindra, and TCS ended with gains.
Asian Paints shares closed over 8% lower after the company reported a 42.5% YoY fall in its consolidated net profit for the quarter ended September 2024.
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