Indian Stock Market Ends Flat Despite RBI Rate Hold

5 Apr 2024 , 03:49 PM

Indian equity indices concluded on a flat note in a volatile session on April 5 following the Reserve Bank of India’s decision to keep its key rates unchanged.

At the close, the Sensex edged up by 20.59 points or 0.03% to reach 74,248.22, while the Nifty dipped marginally by 1 point to settle at 22,513.70. Among the traded stocks, 2134 witnessed gains, 1353 experienced losses, and 101 remained unchanged.

Top gainers on the Nifty included Kotak Mahindra, SBI Life Insurance, HDFC Bank, Bajaj Finserv, and ITC, while UltraTech Cement, Grasim Industries, Bajaj Auto, Bajaj Finance, and L&T were among the notable losers.

In terms of sectors, banking, FMCG, and realty indices rose by 0.5-1.5%, while the Information Technology and Media sectors declined by 0.4% each.

The BSE midcap and smallcap indices saw gains of 0.5% each.