Tuesday, April 16, 2024
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Stock Market Today: Sensex, Nifty Trade Flat Amid Volatility. Aditya Birla Fashion Up 16%


The two key equity benchmarks, Sensex and Nifty, on Tuesday are trading flat amid volatility after the Asian markets got off to a muted start. At 10 am, the BSE Sensex dropped 41 points to 73,973, while the NSE Nifty50 was trading at 22,454, down 8 points.

On the 30-share Sensex platform, ICICI Bank, Bajaj Finance, Wipro, Bajaj Finserv, TCS, UltraCemco emerged losers. On the flip side, IndusInd Bank, HDFC Bank, Titan, Tata Motors, Nestle, L&T were among the gainers.  

Among specific stocks, Aditya Birla Fashion and Retail hit the 16 per cent upper limit at Rs 233 after the firm thinking to demerge Madura Fashion & Lifestyle business into a separate listed company.

In the broader markets, the BSE Midcap index gained 0.5 per cent, while the SmallCap advanced 0.7 per cent.

In the previous session on Monday, the BSE Sensex rose 363 points to 74,014, while the NSE Nifty50 closed at 22,462, up 135 points.



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