Press Esc to close
Saturday 29 April 2017
News updated at 11:07 PM IST

Sensex ends flat ahead of RBI policy meet

Mumbai, Jan 28, 2013, (PTI) : 17:13 IST
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
My Take: Can you count colours? Photo by Nalini R Magal from Hassan...

My Take: Can you count colours? Photo by Nalini R Magal from Hassan...

My Take: Happiness as a warm puppy. Photo by Varsha Chalageri from Dharwad...

My Take: Happiness as a warm puppy. Photo by Varsha Chalageri from Dharwad...

My Take: Pretty posers. Photo by Siddhi Doddanavar, from Belgaum...

My Take: Pretty posers. Photo by Siddhi Doddanavar, from Belgaum...

My Take: You mean, I wont grow up to be a tiger? Photo by Praveenkumar P K from Dharwad

My Take: You mean, I wont grow up to be a tiger? Photo by Praveenkumar P K from Dharwad

The good side vs the bad side. Photo by Gayatri Venkatesh from Bengaluru...

The good side vs the bad side. Photo by Gayatri Venkatesh from Bengaluru...

Border Security Force (BSF) personals handing over a 15 years old Pakistani national Razak...

Border Security Force (BSF) personals handing over a 15 years old Pakistani national Razak...

Basaveshwara statue is decorated on the occasion of Basava Jayanthi and Akshaya Tritiya....

Basaveshwara statue is decorated on the occasion of Basava Jayanthi and Akshaya Tritiya....

A Japanese Hitoshi Takahashi biker performs stunt during Yamaha FMX stunt show in Kochi, Kerala...

A Japanese Hitoshi Takahashi biker performs stunt during Yamaha FMX stunt show in Kochi, Kerala...

People use umbrella to protect from rain at at MG Road and Kasturba Road junction in Bengaluru...

People use umbrella to protect from rain at at MG Road and Kasturba Road junction in Bengaluru...

A lion beats the heat by relaxing under a tree at Dr Shivaram Karnath Biological Park...

A lion beats the heat by relaxing under a tree at Dr Shivaram Karnath Biological Park...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.