A maturing market amid the mayhem
Market ends flat, no cues from economic survey
The government released the economic survey report on Thursday which said India could see growth of around 7 percent this year if it makes sweeping reforms and speeds infrastructure development. (Click here for complete coverage)
Shares in Reliance Industries and Bharti Airtel fell over 2 percent each.
ONGC shares jumped 7 percent after the government raised fuel prices on Wednesday, a move that could ease the subsidy burden on oil firms. ONGC was also the top index gainer.
Metal stocks did well in trade leading to an over 3 percent jump in the BSE Metal Index. Tata Steel, JSL Ltd, SAIL and Sterlite Industries posted gains.
BSE capital goods, auto and banking indices were on the losing side.
The markets did not react much to the economic survey and the focus remains on the July 6 Budget.
Do you think the market will remain volatile on Friday?