Sensex, Nifty End Little Changed; IT Stocks Fall, Realty Shares Gain

INSUBCONTINENT EXCLUSIVE:
Domestic equity benchmarks ended today's volatile session on a flat note as gains in IndusInd Bank, Kotak Mahindra Bank, HDFC and NTPC were
offset by losses in ICICI Bank, Reliance Industries, Power Grid and HDFC Bank
The SP BSE Sensex ended 2.72 points or 0.01 per cent higher at 37,754.89 and the NSE Nifty 50 Index rose 1.55 points or 0.01 per cent to
shut shop at 11,343.25
Earlier in the day, Sensex and Nifty opened higher and Sensex rose as much as 156 points and NSE Nifty 50 Index climbed 42 points to hit
intraday high of 11,383."After rallying from 10,585 levels some amount of profit booking in Nifty cannot be ruled out and some pressure due
to weekly expiry of derivative contracts is also putting pressure," AK Prabhakar, head of research at IDBI Capital told
TheIndianSubcontinent over phone."However, a reversal in trend or indications of more downside in Nifty will emerge once it breaks below
yesterday's low of 11,276," Mr Prabhakar added.Ten of 19 sector gauges compiled by BSE ended lower led by the SP BSE Information Technology
Index's 0.4 per cent decline
On the flipside, SP BSE Realty Index was top gainer, up 2.1 per cent.Mid- and small-cap shares also closed on a subdued note as the SP BSE
MidCap Index fell 0.26 per cent and the SP BSE SmallCap Index rose 0.1 per cent.NTPC was top gainer in the Nifty 50 basket fo shares, the
stock rose 3.58 per cent to Rs 153.50
IndusInd Bank, Bharti Airtel, Yes Bank, Sun Pharma, Coal India, Grasim Industries and Indian Oil were also among the gainers.On the other
hand, HCL Technologies, Hero MotoCorp, UltraTech Cement, Tata Motors, ICICI Bank and UPL were among the losers.Get the latest election news,
live updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
Like us on Facebook or follow us on Twitter and Instagram for updates from each of the 543 parliamentary seats for the 2019 Indian general
elections.