Market Watch

Sensex ends flat in choppy trade; Brexit still weighs; Jammu and Kashmir Bank up 3.6 pct

27 June 2016 - 05:07 PM

Indian shares rose slightly in choppy trade on Monday as forecast of an extended monsoon season sent cement makers and agriculture-related firms higher, offsetting lingering concerns from Britain's vote to leave the European Union.
 
The Nifty ended up 0.08 percent at 8,094.70, after falling as much as 4.15 percent in the previous session, its biggest single-day percentage fall since Feb. 11.
 
The Sensex closed 0.02 percent higher at 26,402.96.
 
Cement makers were among the top gainers, with UltraTech Cement Ltd gaining nearly 3.22 percent and ACC Ltd rising 2.1 percent.
 
In the 50-share index, Bank of Baroda, UltraTech Cements, Aurobindo Pharma, Dr Reddy’s Labs and Cipla gained between 2.90 per cent and 3.20 per cent. On the other hand, TCS, Infosys, ZEEL, IndusInd Bank and Asian Paints slid between 1.43 per cent and 3.01 per cent.