The stock markets ended flat on Thursday, with the Sensex and Nifty trading listlessly due to a lack of near-term triggers and continuous foreign fund outflows. The Sensex closed at 78,472.48, almost unchanged from its previous close, while the Nifty ended at 23,750.20, up 0.1 per cent.
Some of the major laggards from the 30 blue-chip stocks included Titan, Asian Paints, and Nestle, while Adani Ports, Mahindra & Mahindra, and Maruti were among the gainers. Overall, it was a muted trading day with no significant movements in either direction.
Global markets saw mixed results, with Tokyo and Shanghai posting gains while Seoul ended lower. US markets were closed on Wednesday for Christmas, adding to the lack of global market cues.
Foreign Institutional Investors (FIIs) continued to offload equities worth ₹2,454.21 crore on Tuesday, further dampening market sentiment. Additionally, global oil prices rose, with Brent crude climbing to $73.97 a barrel.
Overall, it was a subdued trading session with no major developments impacting the market. Investors are likely waiting for fresh cues to drive market direction in the coming days. Stay tuned for more updates on the market trends and developments.
