Markets end flat after choppy session

Markets end flat after choppy session
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First Published: Tue, Aug 26 2008. 04 09 PM IST
Updated: Tue, Aug 26 2008. 04 09 PM IST
Livemint.com
Mumbai: The markets ended flat after a choppy session with the BSE benchmark index closing at 14,482 levels, up 0.2% or 32 points.
The Sensex moved in a broad range of 14,286 – 14,495 levels in intra-day deals. Similarly, the wider-based Nifty settled at 4,338 levels.
In other Asian markets, Japan’s Nikkei stock index managed to cut some losses to end down 0.8%, while Singapore’s Straits Times index shed 1% by close.
Back home, oil and gas counters were the worst hit with index heavyweight Reliance Industries slipping 2.3% or Rs51 by close. Aban Offshore, Cairn India and Essar Oil were the other key losers.
However, banking scrips witnessed fresh investor interest with IndusInd Bank firming up 5.2%. Bank of Baroda, HDFC Bank, Punjab National Bank, State Bank of India, Union Bank, ICICI Bank and Kotak Mahindra Bank were some of the other key gainers in this pack.
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First Published: Tue, Aug 26 2008. 04 09 PM IST
More Topics: Markets | Stocks | Sensex | Nifty | BSE |