Sensex, Nifty end lower in cautious trade ahead of Friday’s no-confidence motion
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Sensex, Nifty end lower in cautious trade ahead of Friday’s no-confidence motion

The BSE Sensex opened higher and advanced to hit a high of 36,515.58, but soon turned lower and slipped to 36,279.33. It finally settled at 36,351.23, down 22.21 points, or 0.06%.

business Updated: Jul 19, 2018 16:11 IST
Press Trust of India, New Delhi
BSE Sensex,NSE Nifty,Sensex today
People watch a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters File Photo)

Erasing early gains, the BSE Sensex ended lower by 22 points at 36,351.23 in range-bound trade on Thursday, amid lower-than-expected Q1 results.

Investors were not in a mood to make fresh bets ahead of the voting on the no-confidence motion against the NDA government tabled in the Lok Sabha, brokers said.

A depreciating rupee, which again breached the 69-mark against the dollar in intra-day trade, too weighed on sentiment, they added.

The BSE Sensex opened higher and advanced to hit a high of 36,515.58, but soon turned lower and slipped to 36,279.33. It finally settled at 36,351.23, down 22.21 points, or 0.06%.

The 50-share NSE Nifty too ended 23.35 points, or 0.21% lower at 10,957.10. Intra-day, it shuttled between 11,006.50 and 10,935.45.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 111.01 crore, while foreign portfolio investors (FPIs) bought shares worth Rs 95.68 crore on Thursday, provisional data released by stock exchanges showed.

First Published: Jul 19, 2018 10:26 IST