Sensex opens 20 points lower in flat session

Mumbai: The 30-share bellwether BSE Sensex on Tuesday almost 20 points lower in a flat session after rising to a record high on Monday.

At 9.20am, the benchmark index was trading down 0.09%, or 19.51 points, at 21,306.91 points, while the National Stock Exchange’s (NSE’s) broader 50-share index Nifty was trading down 0.2%, or 12.45 points, at 6351.45 points.

The BSE Teck index rose 0.35% to be the biggest gainer, while the BSE Power index was the biggest loser, falling 2.14%.

The gainers included Bharti Airtel Ltd that rose 1.05% to Rs.340.25 and Tata Power Co. Ltd that rose 0.73% to Rs.89.70.

Among the losers, NTPC Ltd shares lost 7.47% to Rs.141.80, while Bharat Heavy Electricals Ltd (Bhel) that lost 2.27% to Rs.167.80.

On Monday, the Indian stock markets rallied to a record high and the rupee appreciated to a four-month high against the dollar after Bhartiya Janta Party (BJP) wrested the political momentum away from the ruling Congress in assembly elections in four states.

 

praveen sharma

pgdm 1st sem