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Markets end flat after choppy commerce; ICICI Bank shines | Markets News

Mehra Media Team by Mehra Media Team
February 12, 2021
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Mumbai: Equity benchmarks Sensex and Nifty ended flat after choppy commerce on Friday, monitoring weak cues from international markets.

The 30-share BSE Sensex gyrated 543.96 factors earlier than closing 12.78 factors or 0.02 per cent larger at its new closing file of 51,544.30.

The broader NSE Nifty, nonetheless, slipped 10 factors or 0.07 per cent to fifteen,163.30.

ICICI Bank was the highest gainer within the Sensex pack, rising over 2 per cent, adopted by Axis Bank, Infosys, HDFC twins, Bajaj Finserv and SBI.

On the opposite hand, ITC, ONGC, Sun Pharma, Bharti Airtel and Titan had been among the many laggards.

According to Anand James, Chief Market Strategist at Geojit Financial Services, danger urge for food trickled down and equities pared beneficial properties with a number of cities throughout globe getting into recent lockdowns.

“Indian equities had been within the inexperienced within the first half with Bank Nifty rising over 1 per cent, however VIX rose within the second half, and merchants opted lower down lengthy bets throughout sectors, going into the weekend,” he stated.

Elsewhere in Asia, most bourses remained closed for holidays.

Stock exchanges in Europe had been buying and selling on a unfavorable word in mid-session offers.

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Meanwhile, the worldwide oil benchmark Brent crude was buying and selling 0.72 per cent decrease at USD 60.70 per barrel. 





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Tags: bankchoppyflatICICImarketsNewsshinestrade
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