file image. , Photo credit: The Hindu
Equity benchmark indices ended on a flat note on December 5, with the BSE Sensex falling nearly 34 points, registering a second day of decline after an eight-day rally.
In volatile trade, the 30-share BSE benchmark closed 33.9 points, or 0.05%, lower at 62,834.60. During the day, it fell 360.62 points, or 0.57%, to 62,507.88.
The broader NSE Nifty pared modest gains and settled 4.95 points, or 0.03%, higher at 18,701.05.
In the Sensex pack, Reliance Industries, Tech Mahindra, UltraTech Cement, Dr Reddy’s, Axis Bank, Bharti Airtel, Bajaj Finserv and Mahindra & Mahindra were the major laggards.
The winners included Tata Steel, NTPC, State Bank of India, IndusInd Bank and Power Grid.
Elsewhere in Asia, bourses in Tokyo, Shanghai and Hong Kong closed higher, while Seoul ended lower.
Equity exchanges in Europe were mostly trading lower in afternoon trade. Wall Street closed on a mixed note on Friday.
International oil benchmark Brent crude was trading 1.73% higher at $87.05 per barrel.
Foreign institutional investors (FIIs) bought shares worth Rs 214.76 crore on Friday, according to exchange data.