Published: Wed, May 09, 2018
Markets | By Terence Owen

Sensex ends little changed; ICICI Bank jumps

Sensex ends little changed; ICICI Bank jumps

The BSE's Sensex ended 292.76 points higher at 35,208.14, while Nifty ended at 10,715.50.

The Sensex ended down 8 points at 35216, and the Nifty down 2 points at 10717.

The key Indian equity indices traded on a positive note on Monday tracking gains in the benchmark Asian markets.

Major gainers were Axis Bank 1.87 per cent, HUL 1.71 per cent, Tata Steel 1.69 per cent, SBI 1.43 per cent and Bajaj Auto 1.35 per cent.

ICICI Bank was the star performer in today's session, topping the gainers' list by surging almost over 8 per cent.

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Around 12:35 pm (IST), the BSE Smallcap index was 0.31 per cent up at 18,148, while the BSE Sensex was 0.18 per cent up at 35,273.

In terms of investments, provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 97.15 crore, while the domestic institutional investors purchased stocks worth Rs 923.25 crore.

Meanwhile, Asian markets ended mixed despite a strong closing on Wall Street as investors digested last week's trade talks between the U.S. and China, while United States jobs data eased fears of faster rate hike by the Federal Reserve. A heavy selling pressure witnessed in late afternoon dealings in consumer durables and capital goods stocks trimmed the overall gains made earlier in the day.

In Europe, Paris CAC declined 0.42 percent, while Frankfurt's DAX traded lower by 0.44 per cent in early deals.

Besides, investors were concerned over a further rise in global crude oil prices as a result of U.S. moving away from the 2015 Iran Nuclear Deal.

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