3.39 PM: Closing Bell: Sensex, Nifty end flat amid high volatility; IT stocks outperform

Market Close: Benchmark indices ended on flat note on March 16 amid high volatility after selling in the second half erases the early gains.

At close, the Sensex was down 31.12 points or 0.06% at 50,363.96, while Nifty was down 19 points or 0.13% at 14,910.50. About 1449 shares have advanced, 1463 shares declined, and 174 shares are unchanged.

Cipla, Tata Steel, ICICI Bank, BPCL and L&T were among major losers, while gainers included Asian Paints, Dr Reddy’s Labs, HCL Technologies, HUL and TCS.

Among sectors Nifty Bank, PSU Bank and Metal indices shed 0.8-1 percent, while FMCG and IT index added 0.9-1.2 percent each. The BSE Midcap and Smallcap indices ended in the green.

News Source:- Moneycontrol


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