Mumbai, May 7: Benchmark indices ended lower in a choppy trade on Thursday, with the Sensex declining 114 points, as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties.
After facing heavy fluctuations during the day, the 30-share BSE Sensex ended 114 points or 0.15 per cent lower at 77,844.52. During the session, the benchmark hit a high of 78,384.70 and a low of 77,713.21, gyrating 671.49 points.
The 50-share NSE Nifty dipped 4.30 points, or 0.02 per cent, to end at 24,326.65.
“Indian markets remained volatile throughout the session, with the Nifty closing flat at 24,326, amid continued Foreign Institutional Investor outflows, crude oil prices sustaining around USD 100 per barrel, rupee weakness and uncertainty surrounding Iran’s response to the proposed negotiation terms,” Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.
From the Sensex firms, Hindustan Unilever, Tata Consultancy Services, Tech Mahindra, Titan, Sun Pharma and ITC were among the major laggards.
On the other hand, Mahindra & Mahindra, NTPC, Kotak Mahindra Bank and Tata Steel were among the winners.
The BSE MidCap Select index jumped 1.40 per cent, and the SmallCap Select index climbed 1.09 per cent.
Sectorally, Focused IT fell 0.76 per cent, PSU Bank (0.54 per cent), Consumer Durables (0.52 per cent), FMCG (0.45 per cnet), Energy (0.11 per cent), Capital Goods jumped 2.05 per cent, Power (1.23 per cent), Auto (1.81 per cent), Industrials (1.69 per cent), Power (1.23 per cent) and Realty (0.88 per cent). (PTI)
