Stock markets end flat in highly volatile trade amid weak global markets trend

After gyrating 461.6 points during the day, the 30-share BSE Sensex eked out a marginal gain of 14.54 points

Benchmark indices Sensex and Nifty closed flat on September 25 in a highly volatile trade amid a weak trend in global markets and continuous foreign fund outflows.

After gyrating 461.6 points during the day, the 30-share BSE Sensex eked out a marginal gain of 14.54 points or 0.02% to settle at 66,023.69. During the day, it hit a high of 66,225.63 and a low of 65,764.03.

The broader Nifty settled marginally up 0.30 points at 19,674.55.

Among the Sensex firms, Bajaj Finance jumped the most by 4.64%. Bajaj Finserv, Kotak Mahindra Bank, Asian Paints, UltraTech Cement, ICICI Bank, NTPC, JSW Steel and Tata Steel were among the major gainers.

Infosys, Mahindra & Mahindra, Wipro, Tata Consultancy Services, IndusInd Bank and HCL Technologies were the major laggards.

Vinod Nair, Head of Research at Geojit Financial Services, said, "The day presented a mixed picture in the market, with sectors such as realty, banking, and consumer durables performing well while IT and pharma struggling. Investors were actively repositioning, shifting away from stocks tied to the global economy and focusing on the domestic economy.

Concerns loomed over a potential global economic slowdown due to the prolonged period of high interest rates, Nair added.