look news india
The stock market closed flat on Wednesday. The Sensex closed in the green mark while the Nifty also closed in the green mark. The Sensex fell 16.90 points to close at 81,496 points and the Nifty closed at 24,630 points.
Trade continued in a limited range for the third consecutive day in the market. IT, FMCG and small and small stocks are dominating the market. Midcap and smallcap stocks saw shopping. The Nifty Smallcap index reached a record high.
Top gainers and losers
The Nifty has Trent, Bajaj Finance, Britannia Industries, Shriram Finance, Bajaj Finserv Top Gainers. While JSW Steel, Adani Ports, NTPC, SBI, Axis Bain Top Lozers were Louquars.
Foreign investors on Tuesday Rs. Invested Equity procurement of 1,285 crore continued to faster, which indicates to continue interest in Indian markets despite near -term instability. Traders and investors are eagerly monitoring the US Consumer Price Index (CPI) inflation data, which is an important event to be held today.
What do the experts say?
Vinod Nair, the research head of Geojit Financial Services, said, “Indian markets showed a subtle stir, which reflects the mixed spirit prevalent in the global markets before the US CPI inflation data is released, which can affect the Fed policy. While there was a slight decline in bond yields. ” In addition to optimism from China’s possible steps, defensive areas including FMCG and pharmaceuticals accelerated. He said that it has been observed.