Closing Bell: Sensex ends flat, Nifty above 10,350;

Chennai, November 29 2017: The Bombay Stock Exchange’s (BSE) Sensex and National Stock Exchange’s Nifty closed marginally lower at 33, 566  and 10,361 respectively today.

The Sensex closed down 15.83 points at 33602.76, while the Nifty was down 9.00 points at 10361.30. The market breadth was negative as 1319 shares advanced against a decline of 1382 shares, while 141 shares were unchanged.Both the benchmark indices opened higher. Realty, consumer durable, telecom and capital goods sectors posted gains, whereas metal, basic materials, finance, banking and power sectors suffered losses. Wipro, Adani Ports, Sun Pharma and Hindustan Unilever were the top gainers, while shares of Axis Bank, HDFC, Asian Paints and SBI fell.

Traders are cautious ahead of GDP data to be released on Thursday. A Reuters poll of 52 economists over the past week shows that GDP growth rose to 6.4% from a year ago in the July-September quarter, from 5.7% in the previous period. Gross value-added growth estimate likely accelerated to 6.2%, from 5.6%.

At closing bell, BSE Sensex closed lower by 15.83 points, or 0.05%, to 33,602.76, while the Nifty 50 edged down 8.95 points, or 0.09%, to close at 10,361.30.

 

Wipro, Sun Pharma, Bosch and Bharti Infratel were the top gainers, while Axis Bank, Asian Paints, and Zee Entertainment lost the most.

Edited by Navaneeth Chitradurga, with inputs from other agencies.