Markets end flat as GDP data disappoints
The GDP data that was out today clearly disappointed the markets. The Q3 GDP data came in at 6.1%, as against slightly higher expectations of GDP of around 6.3%.
ONGC rallied sharply today on reports that the company's auction price would be Rs 290 per share.
The shares of BGR Energy spurted 9.40% after reports that the company had secured orders from NTPC propelled the share. Top losers among Nifty Stocks included Larsen and Toubro, Siemens and Jindal Steel.
Shares in Europe remained largely positive on expectations of the European Central Bank infusing fresh liquidity in the European region through cheap loans.
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