Mkt ends flat amid volatility; Rel Energy, SBI gain

Mumbai: The market ended flat on Wednesday amid volatile trades ahead of the triple witching day. Buying was seen in energy, bank, metal and realty pivotals. IT, auto and select oil & gas stocks were witnessing selling pressure. Broader markets outperformed the benchmark indices to end higher.

BSE realty and metal index are up 2 per cent followed by capital goods and banex up 1 per cent. IT and oil & gas indices ended weak. Top gainers on the indices are Reliance Energy up 8 per cent, SBI up 5 per cent, Suzlon Energy up 7 per cent, Satyam & Tata Steel up nearly 2 per cent.

Top losers on the indices are ONGC, M&M, Tata Motors, Hero Honda, GAIL, HUL and Dr Reddys Labs. Sensex was up 20.07 points or 0.11 per cent at 18512.91, and the Nifty up 22.45 points or 0.41 per cent at 5496.15. About 1693 shares have advanced, 1294 shares declined, and 67 shares are unchanged.

The BSE Midcap Index ended at 7,650.69 up 1.3 per cent. The BSE Smallcap Index ended at 9,242.38 up 1.2 per cent. The BSE Bankex was up 1 per cent at 9,665.67. SBI, IOB, ICICI Bank, Andhra Bank, Karnataka Bank, Kotak Mahindra, Bank of India moved upwards.

The BSE Capital Goods Index was up 2 per cent at 17,112.32. Triveni Engg, Astra Microwave, Suzlon Energy, Thermax closed higher. The BSE Auto Index closed at 5,404.26 down 1 per cent. Hero Honda, Tata Motors, Tube Investment, Bajaj Auto, Mah and Mah closed lower.

The BSE Metal Index closed at 15,772.94 up 2.5 per cent. JSW Steel, Sesa Goa, Shree Precoated, Jindal Saw, Mah Seamless, SAIL closed higher. The BSE FMCG Index closed at 2,135.45 down 0.3 per cent. GlaxoSmith Con, Britannia, Nestle, United Spirits, Dabur India closed higher.

BSE Oil and Gas Index closed flat at 10,736.91. ONGC, GAIL, BPCL ended in red. The BSE IT Index was down 1 per cent at 4,580.23. Infosys, TCS, Wipro, Tech Mahindra, Patni Computer closed down.

The NSE cash turnover was at Rs 19767.21 crore and the NSE F&O turnover was at Rs 107495.25 crore. The BSE cash turnover was Rs 7966.95 crore. Total market wide turnover was at Rs 135229.41 crore.