Stock market today: Sensex, Nifty 50 end flat; IT stocks shine
Stock market today, July 13 -- Frontline indices, the Sensex and the Nifty 50, ended flat on Monday, 13 July, thanks to gains in select IT and banking heavyweights, while crude oil prices remained elevated amid escalating tensions in the Middle East.
As per media reports, Iran has escalated attacks across the Gulf after the US expanded strikes on the Middle Eastern country. Tensions in the region raised concerns about energy shipments through the vital Strait of Hormuz, driving Brent crude prices up by 3%.
The Sensex fell more than 700 points at one point during the session, but erased all losses to end 47 points, or 0.06%, higher at 77,616.40. The NSE counterpart Nifty 50 closed the day with a minor gain of 4 points, or 0.02%, at 24,21...
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.