Markets End The Day Flat; Bharti Airtel Leads Gainers

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Benchmark indices ended the day flat and traded in a range for most of the day. In fact, volatility was low, following the RBI's monetary policy and trading was lacklustre.

The Sensex ended the day with gains of 10.99 points, while the Nifty up by 6.60 points in trade. Bharti Airtel and Bharat Heavy led gainers in trade.

Larsen and Toubro also gained ground after reports that the company had secured an order for a football stadium in Qatar for FIFA World Cup 2022.

Markets End The Day Flat; Bharti Airtel Leads Gainers
Infosys saw good selling pressure in trade and the stock was down more than 1.5 per cent. Other losers in trade were Tata Steel, Hindalco, HDFC Bank and Coal India.

Among non index stocks Asian Granito jumped 9 per cent after reports that the company had won 12 lakh square meters order for jumbo double charge vitrified tiles.

PSU Banking stocks saw good buying support with Punjab National Bank jumping 4 per cent, while Oriental Bank of Commerce gained 5 per cent in trade.

Midcap stocks also saw some buying support with gainers from the space being JSW Energy rallying 12 per cent, after the stock was upgraded by a leading brokerage firm. However, MRF and Page Industries were among the losers in trade.

Meanwhile, markets across Asia ended the day marginally lower, while most of Europe was trading with losses. The German DAX, French CAC and the UK's FTSE saw cuts of around 0.50-0.75 per cent each.

GoodReturns.in

Read more about: sensex, nifty
Story first published: Wednesday, June 8, 2016, 15:02 [IST]
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