Tuesday, 9 May 2017

9th May 2017- Closing Bell: Sensex, Nifty end on a flat note; midcaps and IT stocks gain

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Benchmark indices closed the session on a flat note, with the Nifty managing to hold on to its 9300-mark.

The Sensex closed up 7.10 points at 29933.25, while the Nifty ended up 2.80 points at 9316.85. The market breadth was narrow as 1,481 shares advanced against a fall of 1,356 shares, while 166 shares were unchanged.

Larsen & Toubro, Adani Ports, and IOC were top gainers on both the indices, while Hero MotoCorp, Lupin, and Indiabulls Housing Finance lost the most.

Metals space continued its gain along with information technology (IT) as well as midcaps. The indices gained 0.77 percent, 0.69 percent, and 0.51 percent, respectively.

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