Sensex Today: Equity benchmark indices opened flat on Monday, tracking mixed global cues.
Sensex Today: Equity benchmark indices opened flat on Monday, tracking mixed global cues. Investor sentiment remained muted amid Israel-Gaza tensions and high US bond yields. The BSE Sensex fell 18 points to 65,379, and the NSE Nifty50 slipped 15 points to 19,528.
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Nestle, ICICI Bank, Bajaj twins, SBI and Axis Bank led gains on the Sensex, rising up to 1 per cent. On the flip side, Kotak Bank, Grasim, TCS, Ultratech Cement were among the few frontline losers.
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The broader markets were also flat with the BSE MidCap and SmallCap indices holding tepid gains.
Among stocks, Paytm slid over 2 per cent despite narrowing its net loss to Rs 290.5 crore in Q2 from Rs 571 a year ago.
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“Bank Nifty witnessed a narrow rangebound session hovering near the 43,700-43,800 zone for the last 2 sessions with the bias maintained little bit weak and has the near-term crucial support zone of 43400 levels. A decisive breach below the 43,400 zone shall further weaken the overall trend and expect for further slide till 42,000 levels. Bank Nifty would have the daily range of 43,400-44,000 levels,” said Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher.
