Equities close flat on derivatives expiry day, metal stocks surge


Mumbai, June 29 (IANS): The Indian equity markets on Thursday recouped after sixth consecutive sessions of losses to close on a flat note -- marginally in the green -- as volatility was induced on the day of June derivatives expiry.

According to market observers, positive global cues and healthy buying in metal, FMCG and capital goods stocks aided the key indices to trade on a higher note.

The wider Nifty of the National Stock Exchange (NSE) reclaimed the 9,500-mark to provisionally close at 9,504.10 points -- up 12.85 points, or 0.14 per cent (at 3.30 p.m.).

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 30,910.97 points, closed at 30,857.52 points -- up 23.20 points, or 0.08 per cent, from its previous close at 30,834.32 points.

The Sensex touched a high of 31,097.92 points and a low of 30,794.61 points during intra-day trade.

The BSE market breadth was bullish -- with 1,612 advances and 961 declines.

  

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Title: Equities close flat on derivatives expiry day, metal stocks surge



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