Sensex, Nifty flat after hitting lifetime highs; Maruti Suzuki, ONGC stocks lead
Shares of Oil and Natural Gas Corp rose 2% as brokerage firm Macquarie has initiated coverage on the stock with an “outperform” rating.
Shares of Edelweiss Financial Services gained for the fourth consecutive session and rose 1% after the company said it will acquire the securities business of Religare Enterprises.
In broader markets, the BSE Midcap was up 0.28%, while BSE Smallcap gained 0.56%.
PSU Bank, Metal, Pharma and FMCG Index are the top loser on the NSE, while Nifty Realty, IT, Media and Auto Index were the top gainers.
GAIL (+1.8%), ONGC (+1.7%), Hero MotoCorp (+1.3%), Lupin (+1.2%) and Maruti (+0.8%) were the top gainers on the Nifty50.
India VIX dropped 0.04%.
Out of 1,981 stocks traded on the NSE, 924 advanced, 640 declined and 417 remained unchanged today.
A total of 99 stocks registered a fresh 52-week high in trade today, while four stocks touched a new 52-week low on the NSE.