MARKET UPDATE:Sensex flat, Nifty around 11,500


Published On: Wednesday, August 26, 2020 | By:

MARKET UPDATE:Sensex flat, Nifty around 11,500

The markets in India today(26th August 2020) were trading flat with a positive bias, on the back of mixed global cues. The S&P BSE gained 72 points at 38,910 levels and the Nifty50 index hovered around 11,500-mark. Bajaj Auto (up 3%) was the top Sensex gainer, followed by PowerGrid, Mahindra & Mahindra, and Bajaj Finserv (all up 2% each). On the other hand, Bharti Airtel dipped 1 percent in early deals. Can Fin Homes surged 8 percent after announcing its June quarter results. All the Nifty sectoral indices were trading in the green, led by the Nifty Auto index, up 1.6 percent. In the broader market, the S&P BSE MidCap as well as the SmallCap index were both up 0.5 percent each. Thirty-one companies, including Indraprastha Gas and Gillette India, are scheduled to announce their June quarter results today.

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