The markets closed flat after oscillating in a certain range of 91 points through the day as F&O positions expired today for September month.

The Sensex closed at 12,380.74, up 13.83 points or 0.11%. It touched an intraday high of 12,431.79 and an intraday low of 12,340.17.

The Nifty ended at 3,571.75, down 7.55% or 0.21%. It touched an intraday high of 3,589.30 and an intraday low of 3,560.75.

The market breadth was marginally positive; about 1322 shares advanced, 1117 shares declined, and 63 shares remained unchanged.

The BSE Midcap and Small Cap ended up 0.49% at 5,076.78 and 0.88% at 6,090.80, respectively.

The total turnover for the day was Rs 52,164.33 crore (Rs 521.64 billion). The NSE and BSE Cash turnover were Rs 8,583 crore (Rs 85.83 billion) and Rs 3,578.65 crore (Rs 35.78 billion), respectively. The NSE F&O turnover was Rs 40,002.68 (Rs 400.02 billion).

Top gainers were HDFC (3.72%), HDFC Bank (3.20%), SBI (2.95%), ICICI Bank (2.94%), Oriental Bank (7.06%) and Nalco (4.26%0.

However, TCS (-2.25%), Maruti Udyog (-2.19%), Larsen (-2.09%), Dr Reddy's Labs (-2.01%), HPCL (-3.43%) and Jet Airways (-2.99%) were the top losers on the bourses.

Markets today

• Markets end flat amid volatile trade on expiry day
• Sensex up 13.83 points at 12380.74; Nifty down 7.55 points at 3571.75
• Banking stocks in focus; BSE Bankex up 3.70%
• HDFC Bank up 3.20%, SBI, ICICI Bank up 2.94% each, OBC up 7.06%
• BSE Oil & Gas, FMCG, Cap Goods indices down over 0.50% each
• CNX Midcap Index up 0.91%; led by mid cap sugar & banking stocks
• Balrampur Chini up 9.2%, Bajaj Hind up 6.55%, Syndicate Bank up 7.6%, UBI up 6.7%
• BSE Small-Cap Index up 0.88%; led by small cap sugar stocks
• Mawana Sugar up 20%, Simbhaoli Sugar up 14.37%, Dwarikesh Sugar up 11.12%
• Market breadth marginally positive; NSE Advance Decline ratio 8:7
• Total market turnover at Rs 52,164.33 crore on expiry day versus Rs 43,995.25 crore on Wednesday

The BSE Bankex outperformed other indices. The BSE Bankex gained 3.70% or 217.58 points at 6,094.47. Banking stocks like Oriental Bank, Union Bank, Bank of Baroda, Vijaya Bank and Bank of India gained.

Metal stocks including Guj NRE Coke, Nalco, Jindal Steel, Mah Seamless, SAIL and Tata Steel ended in green. The BSE Metal Index was up 0.28% at 8,345.60.

However, the BSE Capital Goods Index lost 0.84% at 8,135.70 as selling was seen in Crompton Greaves, Alstom Projects, L&T, Greaves Cotton and Gammon India.

FMCG stocks also witnessed profit booking, which includes McDowell, Shaw Wallace, Dabur India and HLL. The BSE FMCG Index fell 0.84% at 2,036.40.

Oil stocks like HPCL, GAIL, IOC, BPCL and Reliance slipped. The BSE Oil & Gas Index was down 0.73% at 5,808.59.

The BSE Healthcare Index tumbled 0.43% at 3,658.25. Pharma stocks including Sterling Bio, Apollo Hospital, Dr Reddy's Labs, Glenmark and GSK Pharma lost ground.

Other indices like Auto, Consumer Durables closed flat; IT remained unchanged.

Markets @ 3:27 pm

Markets oscillate: Bankex gain over 3%

The markets have been oscillating in a certain range. At 3:27 pm, the Sensex was up 22 points at 12,389 and the Nifty down 2 points at 3,577.

The market breadth was positive, about 1240 shares have advanced, 1130 shares declined, and 79 shares are unchanged.

Top gainers were HDFC (3.58%), ICICI Bank (3.25%), SBI (2.62%), HDFC Bank (2.36%), Oriental Bank ( 6.06%) and PNB (2.63%).

Dr Reddy's Labs (-1.83%), TCS (-1.66%), Maruti Udyog (-1.41%), Reliance Comm (-1.37%0, GAIL (-2.91%), HPCL (-2.53%) and Jet Airways (-2.44%) were the top losers on the bourses.

The BSE Bankex was up over 3%. The BSE Capital Goods, FMCG, IT and Oil indices lost over 0.60%.

Ashok Leyland will launch 49 tonne trailer truck in 2 months. Hero Honda will launch 180 cc CBZ in October.

46.3 lakh Gateway Distriparks shares have changed hands on BSE at Rs 160 per share.

Markets @ 2:22 pm

Mkts witness see-saw trade: HDFC, ICICI Bk gain

The markets were still witnessing see-saw trade. At 2:22 pm, the Sensex was up 13 points at 12,380. The Nifty was down 7 points at 3,572.

The market breadth was positive, about 1288 shares have advanced, 1003 shares declined, and 104 shares are unchanged.

Top gainers were HDFC (4.44%), ICICI Bank (2.61%), Ranbaxy Labs (2.36%), HDFC Bank (1.79%) and Oriental Bank (5.75%).

TCS (-1.66%), Dr Reddy's Labs (-1.46%), Maruti Udyog (-1.45%), Satyam (-1.44%), GAIL (-2.33%), HPCL (-2.28%) and Nalco (-1.60%) were top losers.

The BSE Bankex was up over 2.50% as banking stocks like Vijaya Bank, Union Bank, Canara Bank, Oriental Bank, Bank of India, UTI Bank, Allahabad Bank, Bank of Baroda, IOB, Federal Bank, Andhra Bank, ICICI Bank, PNB and Karnataka Bank have gained.

The BSE FMCG, Oil and Capital Goods indices were down over 0.40%.

Nagarjuna Constructions has bagged orders worth Rs 200 crore (Rs 2 billion).

JK Paper will up copier paper prices by Rs 1,000/tonne from October 1.

JSW Steel has planned to build 3 steel plants by 2020. It has planned to invest Rs 25,000 crore (Rs 250 billion) in each steel project. Each steel plant will be having 10 MT capacity and plans to buy coal mines from overseas, said sources.

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