December 14, 2023 / 07:34 AM IST
Market on Wednesday: Sensex, Nifty recovers to end flat ahead of Fed outcome
The Indian benchmark indices ended with marginal gains in the highly volatile session on December 13 ahead of the FOMC meeting outcome later tonight.
At close, the Sensex was up 33.57 points or 0.05 percent at 69,584.60, and the Nifty was up 19.90 points or 0.10 percent at 20,926.30.
After a negative start, the market extended the losses as the day progressed with Nifty hitting a low of 20,769.50, intraday, amid selling seen in the Information Technology, metal and oil & gas stocks. However, final-hour buying in power, realty, pharma, and auto stocks helped to recover all the losses to end on a flat note.
Top gainers on the Nifty were NTPC, Hero MotoCorp, Power Grid Corporation, Eicher Motors and Adani Ports, while losers were TCS, Infosys, Bajaj Finserv, HDFC Life and Axis Bank.
Among sectors, auto, power, pharma, capital goods, and realty are up 1 percent each, while the Information Technology index is down 1 percent.
Broader indices outperformed the main indices with the BSE Midcap index rising 1 percent to touch a fresh record high, while the BSE Smallcap index added 0.7 percent.
