Wed, 12 May 2021

Equity indices end flat, Wipro gains 9 pc

16 Apr 2021, 21:18 GMT+10

Mumbai (Maharashtra) [India], Apr 16 (ANI): Equity benchmark indices ended flat after a volatile session on Friday with investors staying on the sidelines as Covid-19 situation gets grimmer by the day.The BSE SP Sensex closed 28 points or 0.06 per cent higher at 48,832 while the Nifty 50 ticked up by 36 points or 0.25 per cent to 14,618.

Sectoral indices at the National Stock Exchange were mixed Nifty pharma surging by 1.9 per cent, auto and IT by 1.1 per cent each, and metal by 0.8 per cent.

Among stocks, IT software major Wipro moved up by 9 per cent to Rs 469.45 per share after reporting 28 per cent y-o-y jump in net profit at Rs 2,972 crore for the quarter ended March.

Hindalco surged by 4.1 per cent while UltraTech Cement advanced by 2.5 per cent, Cipla by 2.8 per cent, Sun Pharma by 1.8 per cent, Asian Paints by 2.5 per cent and Nestle India by 1.8 per cent.

However, index heavyweight Reliance Industries lost by 0.8 per cent, ICICI Bank by 1.7 per cent, JSW Steel by 1.8 per cent and Tata Steel by 1.2 per cent.

In Asia, markets were largely steady after China reported a sharp acceleration in first quarter growth.

Japan's Nikkei moved up by 0.14 per cent, Hong Kong's Hang Seng by 0.61 per cent and South Korea's Kospi by 0.13 per cent. (ANI)

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