Taking Stock: Sensex, Nifty reverse losses to close higher ahead of Fed outcome

1 month ago

Top Nifty gainers were Eicher Motors, Maruti Suzuki, Power Grid Corporation, Nestle India and ONGC, while losers were Tata Steel, Tata Consumer Products, Tata Motors, Axis Bank and Cipla

March 20, 2024 / 03:58 PM IST

Market Today

BSE Midcap and Smallcap indices ended on flat note.

The market closed with moderate gains on March 20 after a choppy session, as investors remained cautious ahead of the Federal Open Market Committee (FOMC) meeting outcome.

The market failed to hold on to the opening gains and gyrated between gains and losses throughout the day but buying in auto and energy names helped the benchmark indices close higher.

At close, the Sensex was up 89.64 points or 0.12 percent at 72,101.69, and the Nifty was up 21.60 points or 0.10 percent at 21,839.10.

Top gainers on the Nifty included Eicher Motors, Maruti Suzuki, Power Grid Corporation, Nestle India and ONGC, while losers were Tata Steel, Tata Consumer Products, Tata Motors, Axis Bank and Cipla.

Among sectors, auto, FMCG, realty, oil & gas, power were up 0.5-1 percent each, while the metal index was down nearly a percent.

BSE mid and smallcap indices ended flat.

(This is a developing story, check back for updates)

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