The BSE Sensex ended on a flat note, up just about 13 points to 16,751.73, ahead of RBI monetary policy review and sell-off in heavyweight RIL on account of dip in its third quarter profits.
Globally, most of the Asian markets were closed while European equities showed a mixed trend offering little direction to investors.
Despite RIL’s plans to buyback shares worth up to Rs 10,440 crore, its stock fell 2.82 per cent. The Sensex heavyweight posted late on Friday a 13.6 per cent dip in Q3 profits.
However, gains by ICICI Bank, Bharti Airtel, ITC, HUL, Infosys, BHEL, HDFC and L&T helped the BSE 30-share Sensex close in the green. Besides, despite a dip in its Q3 net, Maruti gained nearly 6 per cent.
Sensex moved in a narrow range throughout the session before settling at 16,751.73, up 12.72 points or 0.08 percent.
The NSE broader 50-issue Nifty, however, ended lower by 2.35 points or 0.05 per cent at 5,046.25.
Related posts:
