Leaders Online: Strong action was seen in the Indian stock market today (Dec. 12). Overall conditions remained mixed in today's volatile session. The Sensex closed up 165 points at 73,667. While the Nifty settled flat at 22,335. (Sensex Nifty Closing Bell) At the sectoral level, all indices except IT closed in the red. The realty index fell by nearly 3.3 percent. PSU Bank and Media indices fell 2 percent each. While capital goods, FMCG, healthcare, metal and power indices fell by 1 percent each. The BSE Midcap index fell by 1.31 percent and the Smallcap by 2.11 percent.
Cautious stance of investors
A strong recovery was seen in the Indian stock market today (Dec. 12) following the boom in the Asian market. Sensex traded above 73,900 with a gain of 450 points after a flat start. But this boom did not last. Realty, government banking and FMCG sectors witnessed the highest sales in the market. While the thrust of buying remained in the IT sector. Investors appeared cautious today ahead of the release of key domestic data and US inflation figures.
'This' shares are booming
Sensex opened at 73,516 today. He had touched the mark of 74 thousand today. But then it fell below 73,700. Shares of HDFC Bank, TCS, Infosys, Maruti, Reliance remained bullish on Sensex. Shares of SBI, JSW Steel, Tata Motors, Nestle India, Ultratech Cement, ITC, Wipro, NTPC fell.
HDFC Bank, TCS, LTIMindtree, Maruti, Infosys remained top gainers on Nifty. While the shares of Cipla, Grasim, Adani Enterprises, Bajaj Auto, SBI fell.
Most of the sectoral indices remained in negative territory including Nifty Realty, Media and PSU Bank. Nifty IT remained bullish only. While the Nifty private bank index remained flat.
Asian market
Hong Kong's Hang Seng index continued to lead the Asia-Pacific market. The Hang Seng rose 3 percent to 17,093, while China's CSI 300 index closed up 0.23 percent at 3,597.49. (Hang Seng Index) Japan's Nikkei fell for the second day in a row. The index fell by 0.06 percent.
