Press Esc to close
Wednesday 04 May 2016
News updated at 11:21 AM IST
Weather
Max: 36.2°C
Min : 24.5°C
In Bengaluru
Sunny day

Sensex ends flat ahead of RBI policy meet

Mumbai, Jan 28, 2013, (PTI) :

The BSE benchmark Sensex today ended flat as investors turned cautious and shifted their funds in banking and interest-sensitive stocks ahead of RBI policy meeting tomorrow.

The Sensex commenced higher at 20,172.45 and dipped to 20,062.79 before ending 0.18 point lower at 20,103.35. The index had gained 180 points in the previous session.

The wide-based National Stock Exchange index Nifty ended up 0.15 point to 6,074.80, after moving between 6088.40 and 6061.40.

Brokers said investors were cautious and picked up banking and interest-sensitive realty and auto stocks on expectations of an interest rate cut by the Reserve Bank of India in its policy review tomorrow.

They said the market was partly supported on a better trend in the Asian region and higher opening in Europe as investors awaited reports on the US durable goods orders and pending house sales.

In 30-BSE index components, 15 stocks gained while 15 declined.

The realty sector index gained the most by 1.84 per cent to 2,223.76 followed by auto index by 1.03 per cent to 11,185.31 as Maruti Suzuki rose 0.44 per cent to 1,607.25 on attractive quarter earnings and Tata Motors by 2.49 per cent to Rs 308.55.

Banking index rose by 0.68 per cent to 14,663.58 on expectation that RBI would probably cut the benchmark rate by 25 basis points to 7.75 per cent. On the other hand, a weak tend in oil and gas, consumer durable, capital goods, power and healthcare sectors kept the market under pressure to settle at almost flat.


Go to Top

Photo Gallery
Pranab Mukherjee shows a silver statue of Sai Baba gifted to him by veteran actor Manoj Kumar...

Pranab Mukherjee shows a silver statue of Sai Baba gifted to him by veteran actor Manoj Kumar...

Policemen arrest TET aspirants for protesting against UP government for their recruitment...

Policemen arrest TET aspirants for protesting against UP government for their recruitment...

A truck loaded with LPG cylinders overturns after the driver lost his control at Ambari area...

A truck loaded with LPG cylinders overturns after the driver lost his control at Ambari area...

A girl arrives to collect water from an almost dried pond at a village near Allahabad...

A girl arrives to collect water from an almost dried pond at a village near Allahabad...

Indian coast guard personnel participate in a mock drill during the National Maritime Search...

Indian coast guard personnel participate in a mock drill during the National Maritime Search...

A hen along with its featherless chicks in Dimapur, Nagaland on Tuesday...

A hen along with its featherless chicks in Dimapur, Nagaland on Tuesday...

Firefighters trying to extinguish a fire at Simhastha Mahakumbh in Ujjain...

Firefighters trying to extinguish a fire at Simhastha Mahakumbh in Ujjain...

Bollywood actor Jacqueline Fernandez with Siddharth Malhotra during a launch event...

Bollywood actor Jacqueline Fernandez with Siddharth Malhotra during a launch event...

Winner of Best Actor award Amitabh Bachchan and Best Actress award Kangna Ranaut...

Winner of Best Actor award Amitabh Bachchan and Best Actress award Kangna Ranaut...

Flames trail Danica Patrick's car after she crashed into Matt Kenseth...

Flames trail Danica Patrick's car after she crashed into Matt Kenseth...