Sensex, Nifty end flat; RIL, HDFC twins come to rescue
The BSE Sensex staged a smart recovery to end in the positive terrain after diving over 722 points during the session on Friday, as heavyweights Reliance and HDFC duo saved the day for the benchmark.
After swinging over 985 points during the day, the BSE gauge ended 21.12 points or 0.04 per cent higher at 52,344.45. On the other hand, the broader NSE Nifty slipped 8.05 points or 0.05 per cent to close at 15,683.35.
Intraday, the index touched a high of 15,761.50 and a low of 15,450.90. In the Sensex pack, 18 shares suffered losses and 12 ended with gains.
ONGC was the top loser in the Sensex pack, shedding around 4 per cent, followed by NTPC, PowerGrid, M&M, Nestle India, SBI and HCL Tech.
On the other hand, HUL, Bajaj Auto, Bharti Airtel, Bajaj Finserv and IndusInd Bank were major gainers. Index heavyweights Reliance Industries as well as HDFC Bank and HDFC too logged gains – helping the Sensex end in the green.