Market Watch

Sensex, Nifty end flat in volatile trade ahead of US Fed meet; J&K Bank rises 5.7 pct

14 June 2016 - 04:20 PM

Indian shares ended flat on Tuesday as caution prevailed ahead of the U.S. Federal Reserve meeting this week and the Brexit referendum next week, but losses were contained as lenders advanced after the central bank eased stressed asset restructuring rules.
 
The BSE Sensex ended flat at 26,395.71.
 
The broader NSE Nifty lost 0.02 percent to end at 8,108.85. Volumes were far below the 30-day moving average.
 
However, State Bank of India and J&K Bank rose 2.9 percent and 5.7 percent respectively.