Stock Market Today: Nifty, Sensex End Lackluster Session Flat; RIL, HUL Drag

• Rupee depreciated 2 paise to close at 83.92 against the US dollar.

• It closed at 83.90 on Monday.

Source: Bloomberg

• The NSE Nifty 50 ended 0.03% higher at 25,017.75, and the BSE Sensex ended 0.02% higher at 81,919.11.

• The Nifty index moved in the range of 99.45 points, and the Sensex moved in 318.6-point range.

• Bharti Airtel Ltd. rose to nearly one-month high after entering into a partnership with Apple Inc to provides latter's digital television and music services to Indian customers.

• Zee Entertainment Enterprises Ltd. jumpe 14.57% to over one-month high after it resolved all the merger related disputes with Sony Pictures Networks India.

• The NSE Nifty Pharma rose 0.90% and scaled a fresh high of 22,758.50 as Sun Pharmaceutical Industries Ltd., and Lupin Ltd. rose.

• The NSE Nifty IT rose 0.66% and hit a fresh high of 41,936.70 on gains in Infosys Ltd., and Coforge Ltd. rose. 

• The NSE Nifty FMCG index rose 0.23% to 63,805.95, marking the highest level since inception as United Breweries Ltd., and Godrej Consumer Products Ltd. gained. 

• The NSE Nifty Smallcap 250 index rose 0.70% to a fresh high of 18,207.25 as Tata Investment Corp Ltd., and Kfin Technologies Ltd. rose.

India's benchmark stock indices ended the lackluster session of Tuesday with little change. Gains in Infosys Ltd., and Larsen & Toubro Ltd. supported the indices, while losses in Reliance Industries Ltd., and Hindustan Unilever Ltd. weighed.

The NSE Nifty 50 ended 7.15 points or 0.03% higher at 25,017.75, and the BSE Sensex ended 13.65 points or  0.02% higher at 81,711.76.

In the second half of the trade, the Nifty 50 rose 0.25% to 25,073.10, and the Sensex rose 0.27% to 81,919.11. The Nifty index moved in the range of 99.45 points, and the Sensex moved in 318.6-point range.

"On the daily timeframe, the Index has made a Doji candlestick pattern near the record levels indicating indecisiveness between the bulls and bears. A firm close above 25,100 will push the Index higher to the 25,200-25,300 zone; on the flip side, 24,870 will be considered as an immediate strong support," said Aditya Gaggar, Director, Progressive Shares.

Doji candlestick is pattern found in charts of analysis of financial instruments.

Infosys Ltd., Larsen & Toubro Ltd., ICICI Bank Ltd., Maruti Suzuki India Ltd., and Bajaj Finance Ltd. added to the index.

Reliance Industries Ltd., Hindustan Unilever Ltd., ITC Ltd., HDFC Bank Ltd., and Titan Co. Ltd. weighed on the index.

On NSE, six sectors advanced, four declined, and two ended flat out of 12. The NSE Nifty Media rose the most, and the NSE Nifty FMCG declined the most.

Broader markets outperformed benchmark indices. The BSE Midcap and Smallcap indices ended 0.58% and 0.5% higher, respectively.

On BSE, nine sectors advanced and 11 declined out of 20. The BSE Telecom ended with the most gains compared to other sectoral indices. The BSE FMCG declined the most.

Market breadth was skewed in favour of buyers. Around 2,154 stocks advanced, 1,803 stocks declined, and 94 stocks remained unchanged on BSE.

• Paras Defence Space & Technologies Ltd. approved raising up to Rs 200 crore via QIP

Source: Exchange filing