Taking Stock: Market ends flat amid volatility; eyes on US inflation

Market Today

Indian benchmark indices ended marginally lower in the volatile session on July 11, ahead of US inflation data due later in the day.

At close, the Sensex was down 27.43 points or 0.03 percent at 79,897.34, and the Nifty was down 8.50 points or 0.03 percent at 24,316.

Amid positive global cues, the benchmarks started the session on a positive note but erased all the gains in the initial hours and amid selling pressure Nifty went below 24,200. However, it managed to recover all the losses in the in the second half to close on a flattish note.

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Top Nifty gained were BPCL, Coal India, ONGC, ITC and Tata Motors, while losers were Tata Consumer Products, Bajaj Finance, Divis Labs, M&M and NTPC.

Among sectors, realty index was down 1.5 percent, and pharma index fell 0.6 percent, while media and oil & gas index were 1 percent each.

The BSE midcap index rose 0.3 percent while the smallcap index added 0.6 percent.