July 27, 2017 | 5:30 PM

Markets end flat on F&O expiry day

Indian shares pared gains to end little changed on Thursday, after touching record highs earlier in the day, as investors turned cautious ahead of the expiry of futures and options contracts at the end of the session.

 

Major headlines


For all the day’s market news click here

Indian indices

Indian stocks pared gains, with equity benchmarks little changed but close to record highs, as some investors booked profit on the last day of monthly derivatives expiry. The key indices had opened the session higher and traded with modest gains till afternoon trade, tracking firmness in global markets. Later, they trimmed intraday gains and hovered with small gains till mid-afternoon trade. Key indices erased all the intraday gains towards the late trade to settle near the flat line.

Adding furhter the broader markets underperformed benchmarks, with the BSE Midcap index down half a percent on weak breadth.

 

Indices performance for the day

Indices  Value Chg (pts) Chg (%)
BSE Sensex 32383.30 0.84 0.00
NSE Nifty 10020.55 -0.10 0.00
BSE Midcap 15255.66 -84.10 -0.55
BSE Smallcap 16015.47 -83.17 -0.52

Following are the stocks/sectors which were in news today:

  • Tata Elxsi gained 3.78%, after the company said that its board of directors recommended 1:1 bonus issue of shares.
  • Nocil rose 4.90%, after net profit rose 46.07% to Rs34.62 crore on 10.86% rise in total income to Rs239.23 crore in Q1 June 2017 over Q1 June 2016.
  • TRF fell 5.99%, after the company reported consolidated net loss of Rs9.15 crore in Q1 June 2017, compared with net profit of Rs8.59 crore in Q1 June 2016.
  • Sonata Software surged 2.98%, after the company announced collaboration with Microsoft to provide technical services to its partners.

Market sentiment

Market breadth (No of shares)   Volume (Rs in crore)
  BSE NSE   BSE NSE
Advance 879 384 Cash 3977.83 40062.10
Decline 1847 1120
F&O - 1449715.00

Sectoral & stock screening

 

BSE Sensex A Group

Top 5 Gainers Closing Price Chg (%)   Top 5 Losers Closing Price Chg (%)
HDFC 1728.50 5.83   Shree Renuka 19.06 -6.06
Godrej Consumer Products 1078.30 5.21   HCL Infosystem 48.95 -5.87
Lakshmi Machine Works 5523.55 4.72   Unitech 8.85 -5.25
Gruh Finance 478.05 4.33   Sintex Inds 34.75 -4.79
Yes Bank 1786.75 4.33   RattanIndia Power 6.79 -4.63

To view all the key market data/statistics of the day click here

Global signals

US stock index futures poised for a positive opening on the Wall Street on Thursday.

European stocks were mixed as investors were still digesting the Federal Reserve's latest policy decision amid a fresh batch of corporate earnings.

Asian stock markets, ended in positive territory on Thursday following the overnight gains on Wall Street after the Federal Reserve kept interest rates unchanged and said it will begin to unwind its bloated balance sheet "relatively soon".

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