• Source:PTI
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Stock Market:  Benchmark equity indices Sensex and Nifty ended flat on Wednesday after hitting fresh highs during the session amid a lack of immediate catalysts. Profit-taking in consumer durables, capital goods, and energy stocks offset strong gains in banking and financial stocks in choppy trade.

The 30-share BSE Sensex rose by 36.45 points or 0.05 percent for the fifth straight session to close at a new closing high of 77,337.59. During the day, it rose 550.49 points, or 0.71 percent, to reach a new peak of 77,851.63 points. The NSE Nifty index closed at 23,516, down 41.90 points or 0.18 percent. During the day, it rose 106.1 points, or 0.45 percent, to reach a new record high of 23,664.

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Out of Sensex listed companies, HDFC Bank, Axis Bank, Kotak Mahindra Bank,  ICICI Bank, IndusInd Bank, State Bank of India, Infosys, Tech Mahindra, Wipro, and HCL Technologies were the gainers. While, Titan, Larsen & Toubro, Bharti Airtel, Reliance Industries, Maruti, NTPC, Bajaj Finance, and PowerGrid were among the laggards.

In Asian markets, Seoul, Tokyo, and Hong Kong ended day trade in green, while Shanghai settled lower. Meanwhile, European markets were trading in red in the mid-session. On Tuesday, U.S. stock markets ended in positive territory. As per data from stock exchange, foreign institutional investors (FIIs) purchased shares worth Rs 2,569.40 crore on Tuesday.

The price of global benchmark Brent crude fell 0.22 percent to $85.14 per barrel. The domestic stock indices Sensex rose 308.37 points or 0.40 percent to close at 77,301.14 points on Tuesday. The Nifty index surged 92.30 points or 0.39 percent to reach a record closing level of 23,557.90.

(With PTI's Input)

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