Key benchmark indices ended almost flat (Nifty shut shop at 6589.75 up by 6 points) on Tuesday after hitting their second consecutive record highs in as many sessions as blue chips such as BHEL, Heromotors extended recent gains bolstered by buying from foreign institutional investors. However, sharp falls in Reliance Industries (over 3%) following an unexpected request by the Election Commission late on Monday for the government to defer a rise in gas prices, prevented any meaningful upside.
The market breadth, indicating the overall health of the market, was negative, but in Nifty50 stocks the advances to declines stands at 30 advances to 20 declines.
The market breadth, indicating the overall health of the market, was negative, but in Nifty50 stocks the advances to declines stands at 30 advances to 20 declines.
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