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Indian financial markets end flat on Wednesday

Indian financial markets end flat on Wednesday

India Blooms News Service | | 06 Apr 2016, 04:55 pm
Mumbai, Apr 6 (IBNS) Indian benchmark indices closed flat on Wednesday with the Sensex up 17.04 points to 24900.63 and Nifty up 11.15 points to 7614.35.

Losses in banking and IT stocks offset the gain in metal stocks.

Featuring among the gainers on Wednesday were Tata Steel, Hindalco,  ACC, UltraTech Cement, Tata Motors, Eicher Motors and L&T.

On the other hand, Bosch, Tech Mahindra, Axis Bank, Infosys, ICICI Bank, ITC, State Bank of India and HDFC saw a decline in their share prices.

Earlier in the day, Asian stocks suffered their three-week lows as investors eyed the underlying strength of the Chinese economy cautiously.

 

Image: Wikimedia Commons
 

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