A maturing market amid the mayhem
Market ends flat
The Sensex was up 1.3 percent at one point, but investors booked profits to take advantage of the rise.
Tata Motors, which ended down 7.7 percent, and Sterlite Industries which gained 5.6 percent, were the top loser and gainer respectively.
The BSE Info Tech Index struggled in trade and ended down over 2 percent as shares in Infosys and TCS dropped over 2 percent. The BSE consumer durables and realty indices were among the top sectoral gainers of the day.
The Bankex gained 1.2 percent with shares like Union Bank of India, Axis Bank and Yes Bank posting decent gains. ICICI Bank, however, slipped 0.75 percent.
Stocks like Central Bank of India, Yes Bank, BEML, Biocon and Dabur India continued their good run and registered their 52-week highs.
The focus now moves to the Budget next week. Do you think market participants will be nervous till then?