The BSE Sensex and NSE Nifty continued their dull trade throughout the day and closed on a flat note on Friday. Sensex ended marginally higher by 12.53 points at 36,386.61, while Nifty 50 index closed 1.75 points up at 10,906.95.

The Sensex hit an intraday high of 36,469.98 and a low of 36,218.33. Similarly, the Nifty touched an intra-day high of 10,928.20 and a low of 10,852.20. The market breadth was negative as 1,639 shares declined, against a advance of 906 shares, while 166 shares were unchanged.

In the 50-share index, Reliance Industries, Wipro, Kotak Bank, Hindalco and HCL Tech gained between 1.39 per cent and 4.53 per cent. On the other hand, Sun Pharma, Bharti Airtel, GAIL, HPCL and L&T dropped between 1.97 per cent and 8.51 per cent.

Among the sectors, pharma, PSU Bank, Infrastructure, FMCG and auto remained under pressure, while energy and IT stocks witnessed buying interest.

According to analysts, global trade tensions and risk of recession will cast cloud over the sentiment; while lack of major triggers in the domestic market could steer a range bound movement in the near term.

The rupee, meanwhile, depreciated 18 paise against the US dollar to 71.21.

The benchmark Brent crude futures rose 0.88 per cent to USD 61.72 per barrel.

Global markets

Elsewhere in Asia, Hong Kong’s Hang Seng was up 0.94 per cent, Shanghai Composite Index was trading 0.79 per cent higher, Kospi rose 0.55 per cent in early trade and Japan’s Nikkei rallied 1.26 per cent.

On Wall Street, Dow Jones Industrial Average ended 0.67 per cent higher at 24,370.10 points on Thursday.

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