Business

Equity markets close flat; banks, FMCG stocks gain


Mumbai, May 19 (IANS): Indian equity markets on Friday provisionally closed on a flat note on Friday on the back of broadly positive global cues and healthy buying in banking and FMCG stocks.

The key indices, which opened on a higher note following a rebound in global cues and the Goods and Services Tax (GST) Council's fitment of 1,211 goods in the tax slabs, were pulled lower during afternoon trade.

However, the 30-scrip Sensitive Index (Sensex) of the BSE touched a new high of 30,712.35 points during the intra-day trade. It had touched a high of 30,692.45 points intra-day on May 17.

At 3.30 p.m. on Friday, the BSE Sensex, which opened at 30,539.65 points, provisionally closed at 30,464.92 points -- up 30.13 points or 0.10 per cent from its previous close at 30,434.79 points.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed at 9,427.90 points -- down 1.55 points or 0.02 per cent.

On Thursday, the NSE Nifty closed at 9,429.45 points -- down 96.30 points or 1.01 per cent. The Sensex of the BSE shed 223.98 points or 0.73 per cent to close at 30,434.79 points.

 

 

Leave a Comment

Title : Equity markets close flat; banks, FMCG stocks gain


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image