Money on the markets

A maturing market amid the mayhem

Market ends flat, no cues from economic survey


MARKETS SOUTHASIA STOCKSThe Sensex ended just 13 points higher at 14,658 after a volatile session as investors awaited budget announcements next week.

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.