Nifty, Sensex close flat amid elevated oil prices, IT stocks support gains
Mumbai, July 16 -- Indian equity benchmark indices ended largely flat on Thursday as investor sentiment remained cautious amid geopolitical uncertainties, elevated crude oil prices and weak cues from Asian markets.
The Nifty 50 closed at 24,072.75, down 5.75 points or 0.02 per cent, while the BSE Sensex ended marginally higher at 77,186.87, up 1.44 points.
Market experts said investors remained cautious despite easing inflation concerns in the United States, with corporate earnings and global developments continuing to guide market sentiment.
Vinod Nair, Head of Research at Geojit Investments Limited, said, "Indian equities concluded largely subdued as investors remained cautious amid geopolitical uncertainties, fluctuating oil prices,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.