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Sensex, Nifty ends flat, healthcare stocks fall 2%

The BSE Sensex closed higher 12.53 points, or 0.03 %, after touching a high of 36,469.98 and a low of 36,218.33 points.

Updated on: Jan 18, 2019, 16:57:15 IST
Mumbai | By
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Mixed global cues, weakness in the Indian currency and heavy selling in the healthcare and finance stocks dragged the key equity indices on Friday, with Sensex and Nifty ending flat with a positive bias.

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/File Photo (REUTERS)
A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/File Photo (REUTERS)

BSE Healthcare index tanked 2 %, while telecom scrips also witnessed heavy selling pressure, losing over 3 per cent.

The BSE Sensex closed higher 12.53 points, or 0.03 %, after touching a high of 36,469.98 and a low of 36,218.33 points.

The benchmark index opened higher on Friday, at 36,417.58 points from its previous close of 36,374.08.

The broader Nifty50 also ended in the green, up by a meagre 4.80 points, or 0.04 %.

Stocks-wise, Sun Pharma ended up as the top loser on Sensex. The scrip price declined to 390.50 apiece, losing 36.65, or 8.58 per cent, from its previous close of 427.15.

The pharmaceutical major had tanked over 12 per cent at one point after reports of a complaint by a whistleblower against the company.

In contrast, the top gainer among the 30 scrips on Sensex were Reliance Industries, which jumped over 4% following its healthy quarterly results on Thursday.

In was followed by Kotak Mahindra, HCL Tech, ONGC and Asian Paints, all of which gained up to 1.50 %.

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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