The markets swung between gains and losses throughout the day. Indian markets closed flat at the end due to losses in HDFC and ICICI Bank.
The 30-share BSE benchmark Sensex dipped by 45 points and closed at 73,466, while the NSE Nifty50 closed just above the 22,300 level.
Top gainers and losers
Hero MotoCorp, BPCL, Tata motors, Power Grid, on Nifty 50. Dr Reddy, Asian paints, Grasim, and Ultratech cement were losers of the day.
Nifty IT, bank, and financial services were down today whereas FMCG, pharma, auto closed positively. Nifty Oil and Gas rose 1.7%. GAIL and IGL were the biggest gainers on the index, adding 4.6% and 3.6%, respectively.
Highlights of trade:
TBO Tek, Aadhar Housing Finance IPOs opened today
Fitch sees Rupee rebounding to 82/dollar on bond inflows
JSW Energy rises 6% on 22% YoY jump in Q4 profit
L&T, Hero Moto, BSE, TVS Motor to declare Q4 results
PB Fintech traded flat on reporting Q4 PAT of Rs 64 cr
Dr Reddy’s falls 4% on 36% YoY jump in Q4 profit