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Muted response to Budget; BSE Sensex up 5 points, Nifty slips into red

Muted response to Budget; BSE Sensex up 5 points, Nifty slips into red

New Delhi/Mumbai, Feb 1 (UNI) In an extremely volatile session on the day of Budget, India’s key benchmark indices remained virtually flat as the BSE’s 30-share Sensex ended 5 points up while the NSE’s Nifty-50 slipped into red with a loss of over 26 points.
The BSE Sensex closed at 77,505.96, with a meagre gain of 5.39 points in volatile trade, while the National Stock Exchange (NSE) fell 26.25 points at 23,482.15 on the day special trading due to Union Budget presentation in the Parliament.
No positive impact of the union budget was seen on the stock market on Saturday.
After a four-day rally, the Sensex opened higher at 77,637.01, up 137 points. It rallied nearly 400 points at 77,899.05, the day's high. In late trade, it tanked 494 points at 77,006.47, day's low, before closing at 77,505.96, easing 5.39 points from its previous close.
The Nifty registered days high and low at 23,632.45 and 23,318.30 points respectively. The mid cap slid 0.49 percent while the small cap was lower by 0.28 percent from their previous closure.
In 30-share Sensex, shares of 16 companies advanced as they ended in green, while that of 15 companies declined from their previous closing prices.
The gainers were Zomato by 6.76 percent to Rs 235.25, ITC Hotel by 4.98 percent to Rs 172.85, Maruti Suzuki by 4.71 percent to Rs 12887.80 and Health Care by 3.01 percent to Rs 461.
The losers were Powergrid by 3.71 percent to Rs 290.65, L & T by 3.02 percent to Rs 3459.60, NTPC by 1.90 percent to Rs 318.10 and HCL Technology by 1.87 percent to Rs 1693.
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