Mumbai, Sep 15 (PTI) North Korea’s latest missile test
that flew in the face of UN sanctions kept the market on its
toes as the Sensex today ended with a measly gain, helped by a
flurry of late buying.
In effect, this brought up the seventh day of gains back
to back for the BSE benchmark index.
The Korean peninsula took limelight after North Korea
fired another missile over Japan that landed in the Pacific
Ocean, further ratcheting up geo-political tensions.
The 30-share Sensex was in the red for much part of the
session, but later turned positive to close up 30.68 points,
or 0.10 per cent, at 32,272.61.
The gauge rallied 579.96 points in the previous six
sessions, on the back of continuous capital inflows by
domestic institutional investors (DIIs).
The 50-share NSE Nifty, however, was little changed,
ending 1.20 points down — or 0.01 per cent — at 10,085.40
after hovering between 10,043.65 and 10,115.15.
On a weekly basis, both the Sensex and the Nifty recorded
a significant rise of 585.09 points, or 1.84 per cent, and
150.60 points, or 1.51 per cent, respectively.
Most other Asian markets closed mixed. European shares
moved lower in their early trade following an explosion on an
underground train at a busy station in Southwest London today.
“The Nifty continued to face resistance above 10,100
level due to weak global cues and continued hostility in
Asia… Continued FII selling and tightening monetary policies
in the US will curtail easy liquidity, which is making
investors cautious,” said Vinod Nair, Head of Research, Geojit
Financial Services Ltd.
In the Sensex box, ONGC came on top, jumping 4.71 per
cent to Rs 166.90 on strong buying, followed by Bajaj Auto
(3.19 per cent) at Rs 3,022.05.
Coal India, Infosys, Wipro, TCS, Lupin and HDFC Bank all
rose by up to 1.94 per cent.
However, Dr Reddy’s, ITC Ltd, NTPC and SBI succumbed to
profit-booking and ended lower by up to 1.77 per cent.
DIIs bought shares worth a net Rs 793.31 crore while
foreign portfolio investors (FPIs) sold off equities worth a
net Rs 1,334.23 crore yesterday, showed provisional data.
In broader markets, the small-cap index rose 0.38 per
cent, but mid-cap shed 0.28 per cent as investors took profit.
The BSE IT index jumped the most with a gain of 1.04 per
This is published unedited from the PTI feed.