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Taking Stock: Indices erase early gains, end flat amid volatility; realty stocks outperform

BSE midcap and smallcap indices ended in the green.

July 12, 2021 / 04:11 PM IST

The market started the week on a positive note but erased intraday gains in the afternoon session and ended flat on July 12. At close, the Sensex was down 13.50 points or 0.03% at 52372.69, and the Nifty was up 2.80 points or 0.02% at 15692.60.

"The market witnessed a volatile movement and failed to breach the resistance level of 15800 on Nifty. The market suggests it is prudent to wait for a decisive breakout above 15800 and technical factors to improve before going long in the market," said Ashis Biswas, Head of Technical Research at CapitalVia Global Research.

"15620-15650 will be an important support zone. Traders are advised to refrain from building a new position until the market see further improvement and breakout above 15800," he added.

BSE midcap and smallcap indices ended in the green.

Sensex60,841.88909.64 +1.52%
Nifty 5017,854.05243.65 +1.38%
Nifty Bank41,499.70830.40 +2.04%
Nifty 50 17,854.05 243.65 (1.38%)
Fri, Feb 03, 2023
Biggest GainerPricesChangeChange%
Adani Ports498.8536.40 +7.87%
Biggest LoserPricesChangeChange%
Divis Labs2,884.35-382.65 -11.71%
Best SectorPricesChangeChange%
Nifty PSU Bank3888.60115.95 +3.07%
Worst SectorPricesChangeChange%
Nifty Energy22638.40-235.60 -1.03%