Stock markets in India continued to trade flat in the afternoon session amid weak global markets as expectations of a US interest rate hike weighed on sentiment.

Late recovery helped equity benchmarks close Friday’s session on a flat note but posted weekly loss for the first time in last six consecutive weeks. Value buying in Reliance Industries and short covering in Infosys offset weakness banking & financials stocks and ITC. Caution continued ahead of assembly elections results next week and Federal Reserve policy meeting on March 14-15.

NSE Nifty closed at 8,897 levels, down by 2 points or 0.02%, while BSE Sensex closed at 28,832 levels, down by 7 points or 0.03%.

Asian stock markets finished lower today with shares in Hong Kong leading the losses. The Hang Seng was down 0.74% while Japan’s Nikkei 225 fell 0.49% and China’s Shanghai Composite was lower by 0.34%. European markets too are lower today with shares in Germany off the most. The DAX is down 0.37% while London’s FTSE 100 is off 0.31% and France’s CAC 40 is lower by 0.11%.

Bharti Infratel was the top Nifty gainer whereas, Bosch was the top Nifty loser in Friday’s trading session.

The BSE Mid-cap Index closed up 0.2% at 13,409 whereas, BSE Small-cap Index closed up 0.3% at 13,620.

A2Z Infra spiked nearly 5% as the company received a letter of award for nearly $7.66 billion. The stock closed at Rs 41 per share, up by Rs 1 per share or 4.6%.

Sugar stocks rallied post the ISMA report. The biggest gainer in the sugar industry on Friday was Dhampur Sugar. The stock closed at Rs 209 per share, up by Rs 23 per share or 12%.

Ruchira Papers zoomed with gains of more than 3%. The stock touched its intraday high of Rs 142.3 per share, up by 3.26%. The stock closed at Rs 140 per share up by Rs 2.9 per share or 2.1%.

ITI closed at Rs 47 per share, up by Rs 4 per share or 11.2%.

Dhampur Sugar closed at Rs 209 per share, up by Rs 23 per share or 12%.

Dalmia Sugar closed at Rs 182 per share, up by Rs 14 per share or 8.9%.

Tata Investment Corporation closed at Rs 642 per share, up by Rs 52 per share or 8.9%.

There were 737 advances, 876 declines and 308 unchanged stocks on NSE, reflecting flattish undertone floating in the market.

The rupee was trading at 68.80 per US dollar.

Top 5 Nifty Gainers: Bharti Infratel Ltd. (6.14%), Hindalco Industries Ltd. (4.96%), GAIL (3.53%), Grasim Industries Ltd. (2.66%) and Reliance Industries Ltd. (1.77%).

Top 5 Nifty Losers: Bosch Ltd. (-2.21%), HDFC (-2.04%), Ambuja Cements Ltd. (-1.55%), Asian Paints (-1.34%) and Eicher Motors Ltd. (-1.20%)

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Indian share markets witnessed selling pressure in the final hour of trade to finish well below the dotted line.

Equity benchmarks reversed all morning gains in last couple of hours of trade, weighed by profit booking after hitting a fresh 52-week high in opening trade. The market’s attempt to touch 9000 level failed twice during the day.

NSE Nifty closed at 8,899 levels, down by 46 points or 0.5%, while BSE Sensex closed at 28,840 levels, down by 145 points or 0.5%.

Except the Auto sector index, all the other indices closed in negative territory on NSE today.

Broader markets shed its gains in the closing hours on Thursday. BSE Mid-cap index closed at 13,378 levels, down by 192 points or 1.41%. BSE Small-cap index closed at 13,574 levels, down by 178 points or 1.3%.

Tata Motors was the star performer despite the markets facing a weak day. Its stock closed at Rs 461 per share, up by Rs 12 per share or 2.8%. Tata Motors held the BSE Auto index in the positive territory, contributing the most to the index gains.

Neuland Laboratories Ltd., closed at Rs 1,257 per share, up by Rs 157 per share or 14%.

BS Ltd., closed at Rs 2.54 per share, up by Rs 0.23 per share or 9.9%.

National Aluminium Company Ltd., closed at Rs 75.7 per share, up by Rs 4.2 per share or 5.9%.

Biocon Ltd., closed at Rs 1,028 per share, down by Rs 88 per share or 7.9%.

There were 422 advances, 1,226 declines and 273 unchanged stocks on NSE, reflecting strong negative bias floating in the market.

The rupee was trading at 66.70 per US dollar.

Top 5 Nifty Gainers: Tata Motors Ltd. (2.91%), Bajaj Auto (2.38%), UltraTech Cement Ltd. (2.35%), Hero MotoCorp Ltd. (1.63%) and TCS (0.95%).

Top 5 Nifty Losers: BPCL (-4.31%), IDEA (-3.27%), Adani Ports Ltd. (-2.89%), Sun Pharma Ltd. (-2.58%) and NTPC (-2.56%)

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Share markets in India continued the rally and headed for a firm close on positive GDP data for the December quarter and favorable Asian cues.

Equity benchmarks snapped two-day losing streak and gained strength on Wednesday after Q3 GDP data surprised economists, backed by banking & financials, FMCG, metals and pharma stocks. Global cues, too, were positive after investors digested US President Donald Trump’s address to Congress.

NSE Nifty closed at 8,945 levels, up by 6.2 points or 0.8%, while BSE Sensex closed at 28,984.49 levels, up by 241 points or 0.8%.

Asian equity markets finished broadly higher today with shares in Japan leading the region. The Nikkei 225 was up 1.44% while China’s Shanghai Composite ended up 0.16% and Hong Kong’s Hang Seng was up 0.15%. European markets are higher today with shares in Germany leading the region. The DAX is up 1.38% while France’s CAC 40 is up 1.25% and London’s FTSE 100 is up 0.87%.

Tata Steel was the top Nifty gainer and Idea was the top Nifty loser. Tata Steel closed at Rs 500 per share, up by 3.6%. Idea closed at Rs 112.7 per share, down by 2.7%.

Broader markets performed in-line with the major indices in the markets. BSE Mid-cap index closed at 13,569.6 levels, up by 17.3 points or 0.13%. BSE Small-cap index closed at 13,753 levels, up by 62 points or 0.45%.

Nifty Metal index, Nifty Mid-cap index and Nifty Small-cap index touched their record highs in Wednesday’s trading session.

Eicher Motors closed at Rs 23,670 per share, down by 2%. Escorts closed at Rs 456 per share, up by 1.6%. Ashok Leyland on Wednesday posted its auto sales data for the month of February. The automobile company closed at Rs 89 per share, down by 1.4% while, Mahindra and Mahindra closed at Rs 1,350 per share, up by 3.3%.

Amtek Auto closed at Rs 38.7 per share, up by 1.6%. The company will consider the issue of Rs 2.35 crore to two of its promoters namely Amtek Laboratories and Aisa International on a preferential basis. The share will be issued to the promoters at Rs 50 per share, inclusive of premium of Rs 48 per share.

Monnet Ispat soared on bourses on Wednesday even as the reports of acquisition of stakes by SAIL in the company emerged. The stock closed at Rs 35.9 per share, up by 6.6%.

The leader in the passenger car segment-Maruti Suzuki has also declared its February sales number. The total sales number, which includes the domestic plus exports has increased by 11% in February 2017, as compared to the numbers in February 2016. The stock closed at Rs 5,921 per share, down by Rs 1.85 per share or 0.03%.

D-Link subsidiary TeamF1 & Rel Jio is planning to launch fixed line digital services. Its stock surged over 14% and managed to close at Rs 141 per share, up by 14%.

Among small-cap stocks, Neuland Labratories closed at Rs 1,100 per share, up by Rs 183 per share or 20%.

Tata Teleservices (Maharashtra) closed at Rs 9 per share, up by Rs 1 per share or 19%.

Jaypee Infratech closed at Rs 13 per share, up by Rs 1 per share or 17%.

Sobha closed at Rs 336 per share, up by Rs 465 per share or 15%.

The broader markets underperformed benchmarks, with the Nifty Midcap rising over 0.3 percent as the gap between advances and declines narrowed. About 1630 shares gained against 1220 declining shares on the BSE.

The rupee was trading at 68.82 per US dollar.

Top 5 Nifty Gainers: Tata Steel (3.59%), Hindalco Industries Ltd. (3.15%), Kotak Bank (2.72%), M&M (2.59%) and Sun Pharma Ltd. (2.40%).

Top 5 Nifty Losers: IDEA (-2.72%), Eicher Motors Ltd. (-1.87%), NTPC (-1.75%), BPCL (-1.59%) and Tata Motors (-1.59%)

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