3.48 PM: Closing Bell: Nifty ends above 12,350, Sensex off record high; metal stocks sink

Closing Bell: Benchmark indices ended on positive note but off record highs on January 16 with Nifty finished above 12,350 level.

At close, the Sensex was up 59.83 points or 0.14% at 41,932.56, while Nifty was up 10.70 points or 0.09% at 12,354. About 1464 shares have advanced, 1051 shares declined, and 179 shares are unchanged.

Eicher Motors, Nestle India, Zee Entertainment, Kotak Mahindra Bank and Bharti Airtel were among major gainers on the Nifty, while losers include GAIL, Bharti Infratel, NTPC, JSW Steel and Hindalco Industries.

Except metal and energy all other indices ended with marginal gains. BSE Midcap and Smallcap index rose 0.7 percent each.

News Source:- Moneycontrol

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