Business Economy


Market ends on muted note ahead of US CPI data, Bihar election outcome

New Delhi, Nov 13 (UNI) The stock market ended on a muted note in the highly volatile session on Thursday ahead of the release of US CPI data and Bihar election outcome.
At close, the Sensex was up 12.16 points or 0.01% at 84,478.67, and the Nifty was up 3.35 points or 0.01% at 25,879.15. Broader indices underperformed the main indices with BSE Midcap and smallcap indices shedding 0.3% each.
Among the sectors, the indices ended on a mixed note. Nifty PSU Bank was down 0.68%, Media down by 0.55%, FMCG was down 0.51%, IT down by 0.48%, and Auto was down by 0.37%. Those ending with gains were Nifty Metal up by 0.44%, Realty up by 0.42%, and Pharma was up by 0.41%.
Nifty Bank rose by 0.18%, while Nifty Financial Services rose 0.22%. Bank Nifty scaled a new all-time high, touching 58,609.2 in morning trade and rising 0.57% from the previous close, powered by solid buying in heavyweight private lenders.
Shares of IndusInd Bank led the rally with a 2.98% spike, followed by ICICI Bank, gaining 2%. Axis Bank stock also rose 0.73% to Rs 1,230.5, while State Bank of India edged up 0.55% to Rs 962.4.
Out of 4,367 stocks traded on the BSE, 1,846 advanced, while 2,380 declined. Some 141 stocks remained unchanged.
On BSE, around 131 stocks hit their 52-week highs while as many as 128 stocks hit their 52-week lows in intraday trade.
Those on highs included Asian Paints, Adani Ports and Special Economic Zone, Canara Bank, and Vedanta. Further those on the lows included Deepak Nitrite, Orient Cement, H.G. Infra Engineering, Cohance Lifesciences, and Chemplast Sanmar.
Those ending as the top gainers on Nifty50 were Asian Paints (3.77%), Hindalco Industries (2.47%), and InterGlobe Aviation (2%). On the other hand, as many as 29 stocks ended in the red.
The top losers were Eternal down by 3.69%, Tata Motors CV down by 2.84%, and Mahindra and Mahindra down by 1.46%. UNI VK SAS SSP
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