The benchmark Nifty 50 and Sensex were trading flat as the recent global equity rally showed signs of losing steam, while yields on longer-maturity US Treasury bonds remained stable.
At 12:20 hours, the 30-share benchmark index was trading at 77571.91 up by 34.19 points or by 0.04 % and then NSE Nifty was at 24238.55 up by 6.7 points or by 0.03 %.
Sensex touched intraday high of 77725.67 and intraday low of 77445.86 The NSE Nifty touched intraday high of 24284.05 and intraday low of 24206.8
The top gainers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 271.50,+2.36%), Bharat Electronics Ltd. (Rs. 413.50,+1.17%), Kotak Mahindra Bank Ltd. (Rs. 403.15,+1.17%), NTPC Ltd. (Rs. 340.55,+0.75%), HDFC Bank Ltd. (Rs. 731.05,+0.63%), among others.
The top losers of the BSE Sensex pack were InterGlobe Aviation Ltd. (Rs. 5087.70,-1.45%), Hindustan Unilever Ltd. (Rs. 2016.85,-0.97%), Maruti Suzuki India Ltd. (Rs. 13655.00,-0.97%), Trent Ltd. (Rs. 2941.05,-0.91%), Sun Pharmaceutical Industries Ltd. (Rs. 1885.60,-0.81%), among others.
Power index was at 7550.43 up by 56.78 points or by 0.76%. Hitachi Energy India Ltd. (Rs. 34550.10,+2.95%), GE Vernova T&D India Ltd. (Rs. 4173.30,+2.92%), Power Grid Corporation of India Ltd. (Rs. 271.50,+2.36%), Adani Green Energy Ltd. (Rs. 1318.15,+1.55%), JSW Energy Ltd. (Rs. 548.00,+1.02%),.
_FMCG index was at 17971.06 down by -131.78 points or by -0.73%. Balrampur Chini Mills Ltd. (Rs. 732.50,-4.44%), Bajaj Hindusthan Sugar Ltd. (Rs. 22.44,-4.27%), Dwarikesh Sugar Industries Ltd. (Rs. 53.11,-4.12%), Jagatjit Industries Ltd. (Rs. 151.75,-4.11%), Shree Renuka Sugars Ltd. (Rs. 25.10,-4.05%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4428 , shares advanced were 2318 while 1886 shares declined and 224 were unchanged.