On Wednesday, US markets closed with a mixed trend.
Markets Closing Bells: The benchmark indices ended on a flat note on Thursday with Sensex falling 8 points due to fag-end volatility amid weak global trends.
The BSE benchmark Sensex closed 8.03 points or 0.02 per cent lower at 53,018.94. During the day, it closed at 53,377.54, up 350.57 points or 0.66 per cent.
The NSE Nifty ended 18.85 points or 0.12 per cent lower at 15,780.25.
Tech Mahindra, Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, Tata Steel and IndusInd Bank were the major laggards in the Sensex pack.
Conversely, Axis Bank, State Bank of India, Kotak Mahindra Bank, NTPC and Larsen & Toubro were the major gainers.
Elsewhere in Asia, markets in Tokyo, Seoul and Hong Kong closed lower, while Shanghai settled in the green.
European markets were trading with a fall in mid-session deals.
On Wednesday, US markets closed with a mixed trend.
Vinod Nair, Head of Research, said, “Asian and European markets struggled to regain ground amid fears of a global recession, propelled by the US dollar, which benefited from safe-haven demand. FII sales almost exhausted. Provides comfort to the troubled Indian market.” Geojit Financial Services.
Meanwhile, international oil benchmark Brent crude fell 0.04 per cent to $116.2 per barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 851.06 crore on Wednesday, according to exchange data.
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