Mumbai, July 5: Benchmark Indices traded on a flat note on Wednesday. After trading steadily on a low note, the 30-share Bombay Stock Exchange gained 35.77 points to close at 31,245.56 while the Nifty gained 24.30 points or 0.25 per cent to close at 9,637.60.
The breadth of the market remained moderate with, 640 shares advancing in the Bombay Stock Exchange, as compared to a decline of 957 shares. A total of 143 shares remained unchanged. However, the S&P BSE Midcap and the S&P BSE Smallcap managed to make significant advancements with the former gaining 0.9 per cent and the latter gaining 1 per cent.
Global markets continued to give out mixed cues. Investor sentiments remained particularly cautious ith tensions rising in the Korean peninsula and West Asia. European Stoxx 600 lost 0.2%, while France’s CAC 40 dipped 0.1%. While, Asian markets were equally tepid, Japan’s Nikkei gained 0.2% and South Kore’s benchmark index made a 0.4 per cent gain.
The top gainers in the 30-scrip BSE included Lupin, Mahindra and Mahindra, ONGC and Asian Paints; that gained by 3.82, 2.24, 1.69 and 1.58 per cents. The entities that lost the most according to the Bombay Stock Exchange’s benchmark index were HDFC, Wipro, Infosys and ITC that lost by 0.67, 0.90, 0.98 and 1.79 percentage points each.
Meanwhile, similar trends were recorded by the National Stock Exchange wherein the maximum gainers were Lupin, VEDL, ZEEL and Asian Paints that gained by 4.03, 2.57, 2.31 and 2.12 percentage points. On the other hand, the maximum losers were ITC, Infosys, Wipro and Bharti Airtel that lost by 1.66, 1.05, 1.00 and 0.70 per cents respectively.