Markets settle almost flat in volatile trade; Nifty hits lifetime high
The Hindu
Sensex and Nifty end flat amid geopolitical tensions, with Sensex hitting a peak of 81,711.76.
Stock market benchmark indices Sensex and Nifty ended on a flat note after a volatile session on Tuesday (August 27, 2024) due to the emergence of profit-taking amid rising geopolitical tensions in the Middle East and Ukraine.
The NSE gauge, however, hit a new lifetime peak of 25,017.
After oscillating between highs and lows, the 30-share BSE Sensex eked out a marginal gain of 13.65 points or 0.02% to settle at 81,711.76 — its sixth consecutive session of rise. During the day, it hit a high of 81,919.11 and a low of 81,600.51.
The NSE Nifty ended almost flat, up 7.15 points or 0.03%, at 25,017.75 — its ninth straight session of gains.
On the Sensex chart, Bajaj Finserv, Maruti, Larsen & Toubro, Bajaj Finance, Infosys, Axis Bank and ICICI Bank were the biggest gainers.
Hindustan Unilever, JSW Steel, Titan, NTPC and Tata Motors were among the laggards.
In Asian markets, Tokyo and Hong Kong settled in the positive territory, while Seoul and Shanghai ended lower.
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