Benchmarks end flat, broader market gains
Thursday, 12 January 2012
NEW DELHI, Jan 11 (Business Standard): Benchmark share indices consolidated Wednesday to end flat after investors remained cautious on concerns of muted third quarter earnings growth.
However, the broader market outperformed the benchmarks after renewed focus was seen in select mid-cap and small-cap stocks.
The 30-share Sensex provisionally ended up 3 points at 16,168 and the 50-share Nifty ended up 9 points at 4,858.
Markets continue to trade in an extremely narrow range in late noon deals. The Sensex has added 6 points at 16,171 and the Nifty has advanced 9 points to 4,859 levels.
For the most part of the day the markets traded in a narrow range, the Sensex has so far traded in a range of 100 points.
However, the mid-cap and large-cap pockets continue to witness the renewed buying interest. The BSE mid-cap index has jumped 1.1 per cent or 60 points to 5,511 and the small-cap index is at 6,092 higher by 1.6 per cent or 96 points.
However, the broader market outperformed the benchmarks after renewed focus was seen in select mid-cap and small-cap stocks.
The 30-share Sensex provisionally ended up 3 points at 16,168 and the 50-share Nifty ended up 9 points at 4,858.
Markets continue to trade in an extremely narrow range in late noon deals. The Sensex has added 6 points at 16,171 and the Nifty has advanced 9 points to 4,859 levels.
For the most part of the day the markets traded in a narrow range, the Sensex has so far traded in a range of 100 points.
However, the mid-cap and large-cap pockets continue to witness the renewed buying interest. The BSE mid-cap index has jumped 1.1 per cent or 60 points to 5,511 and the small-cap index is at 6,092 higher by 1.6 per cent or 96 points.