{"id":13258,"date":"2021-08-25T10:43:18","date_gmt":"2021-08-25T10:43:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/25\/sensex-nifty-retreat-after-posting-new-highs-end-flat\/"},"modified":"2021-08-25T10:43:18","modified_gmt":"2021-08-25T10:43:18","slug":"sensex-nifty-retreat-after-posting-new-highs-end-flat","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/25\/sensex-nifty-retreat-after-posting-new-highs-end-flat\/","title":{"rendered":"Sensex, Nifty Retreat After Posting New Highs, End Flat"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite opening on a buoyant note and hitting fresh highs, the Indian stock market failed to hold gains and ended flat on Wednesday as traders chose to take profits at several counters amid a lack of fresh triggers.<\/p>\n<p>The benchmark BSE Sensex, which climbed to a new all-time peak at 56,198.13, ended the day at 55,944.21, netting a loss of 14.77 points or 0.03 percent. <\/p>\n<p>The National Stock Exchange&#8217;s Nifty rose to a new high of 16,712.45, but ended with a gain of just 10.05 points or 0.06 percent at 16,634.65 after briefly slipping into negative territory in the final hour.<\/p>\n<p>A few top stocks from oil, <span class=\"landLinks\">technology<\/span>, metal and FMCG closed on the positive side.<\/p>\n<p>Hindustan Petroleum Corporation, Oil India, Gulf Oil, Castrol India and ONGC moved up 2.4 to 3.7 percent. Adani Total Gas Limited shares climbed 5 percent.<\/p>\n<p>Welcorp, National Aluminium, Adani Enterprises, Hindalco, MOIL, Coal India, Vedanta and APL Apollo Tubes were the major gainers in the metal space.<\/p>\n<p>In the Information technology section, Oracle Financial Services gained nearly 3 percent. L&amp;T Infotech and Tata Consultancy Services climbed 2.1 percent and 1.5 percent, respectively. Infosys gained nearly 1 percent.<\/p>\n<p>FMCG stocks Jubilant Foodworks and Godrej Consumer Products gained 3.4 percent and 3 percent, respectively. Varun Beverages gained 2.75 percent, while Dabur India and Britannia Industries closed higher by 1.2 percent and 1 percent, respectively.<\/p>\n<p>Adani Ports and Special Economic Zone shares surged up 3.7 percent after the company said its proposal to acquire a 10.4% stake in Gangavarm Port from the Andhra Pradesh government has received approval from the Andhra Pradesh Maritime Board.<\/p>\n<p>HDFC Life gained 2.6 percent. Tata Motors and Eicher Motors gained 1.7 percent and 1.1 percent, respectively.<\/p>\n<p>Bajaj Finserv declined nearly 3 percent. Titan Industries shed about 2.2 percent, while Bharti Airtel, Maruti Suzuki, Dr Reddy&#8217;s Laboratories and Tata Steel declined 1 to 1.3 percent.<\/p>\n<p>The market breadth was positive. On BSE, 1991 stocks closed higher, while 1214 stocks declined and 105 stocks ended flat. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Retreat After Posting New Highs, End Flat<\/a><br \/>\n<br \/>2021-08-25 10:43:18<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite opening on a buoyant note and hitting fresh highs, the Indian stock market failed to hold gains and ended flat on Wednesday as traders chose to take profits at&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-13258","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=13258"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13259"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}