Sensex, Nifty close little changed, HDFC, TCS shares gain
Domestic shares closed little changed on Tuesday amid weak global cues as gains in index heavyweights such as Housing Development Finance Corp and Tata Consultancy Services Ltd offset losses in blue-chip Reliance Industries Ltd.
The broader NSE Nifty closed 0.06% higher at 10,769.15, while the benchmark BSE Sensex edged up 0.06%t to 35,490.04.
Both HDFC and TCS gained over 1%, Reliance Industries declined 2.5%.
Meanwhile, foreign portfolio investors (FPIs) bought shares worth ₹198.68 crore on net basis, while domestic institutional investors (DIIs) sold equities to the tune of ₹86.22 crore on Monday, provisional data showed.
Overseas, Asian markets fell as investors continued to worry about global trade relations.
US stocks declined yesterday, as President Donald Trump’s threats of more protectionism against major partners were met with Chinese and European vows of retaliation.