Sensex ends flat on special session; UP poll results eyed
03 Mar 2012
The BSE Sensex ended the special live trading session on a flat note as investors stayed away from the market ahead of state election results.
The session, held today as the Bombay Stock Exchange (BSE) tested its Disaster Recover Site (DR), saw buying in select power, IT and banking stocks; while realty stocks came under selling pressure lower.
Shares of EIH gained over 9% after Reliance Industries increased its stake in hospitality firm to 18.53% by picking additional 2.13 crore shares worth Rs 192 crore through an open market transaction.
Also, IT logged some gains with Infosys, ITC, ICICI Bank, HDFC Bank and TCS all in the green.
The markets breadth was positive; about 1359 shares advanced, 889 shares declined, and 1153 shares remained unchanged.
The Sensex closed 0.11% down at 17617.88, and the Nifty ended trade flat at 5359.40.
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