Markets end flat on F&O expiry day
The market edged lower in volatile trade due to expiry of April 2007 derivative contracts, which expired today. Sensex heavyweights, Reliance Industries and ICICI Bank, weakened in mid-afternoon trade, in contrast to their earlier firm trend.
The sensex closed at 14228.88 up by 11 points ,while Nifty ended at 4177.85 up by 10 points.
ICICI Bank shed 0.5% to Rs 957, and off the session’s high of Rs 994.30.Grasim rose 2% to Rs 2495 in volatile trade.Bajaj Auto rose 2.5% to Rs 2499 whereas Hero Honda dropped 1.3% to Rs 678.ONGC dropped 2.3% to Rs 950, on profit-taking, after a recent surge.
The sensex closed at 14228.88 up by 11 points ,while Nifty ended at 4177.85 up by 10 points.
ICICI Bank shed 0.5% to Rs 957, and off the session’s high of Rs 994.30.Grasim rose 2% to Rs 2495 in volatile trade.Bajaj Auto rose 2.5% to Rs 2499 whereas Hero Honda dropped 1.3% to Rs 678.ONGC dropped 2.3% to Rs 950, on profit-taking, after a recent surge.
Labels: Nifty.Sensex
posted by SY at 6:54 PM
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