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Closing Bell: Sensex, Nifty end flat as banks, FMCG stocks drag; IT, metals rise

Closing Bell: Sensex, Nifty end flat as banks, FMCG stocks drag; IT, metals rise

Closing Bell: Sensex, Nifty end flat as banks, FMCG stocks drag; IT, metals rise
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By CNBCTV18.com Sept 29, 2020 3:34 PM IST (Published)

The Sensex ended 8 points lower at 37,973 while the Nifty fell 5 points to settle at 11,222.

Indian indices ended flat on Tuesday as gain in IT, auto and metal indices were capped by losses in banks and FMCG stocks. Meanwhile, fall in global peers also weighed on the sentiment as investors awaited the first U.S. presidential debate and eyed progress of a fiscal stimulus package in Washington.

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The Sensex ended 8 points lower at 37,973 while the Nifty fell 5 points to settle at 11,222.
Broader markets also turned negative with Nifty Midcap and Nifty Smallcap indices down around 0.1 percent and 0.3 percent, respectively.
On the Nifty50 index, Hindalco, UltraTech Cement, Hero Moto, TCS, and Titan were the top gainers while ONGC, IndusInd Bank, UPL, Power Grid and NTPC led the losses.
Sectors were mixed for the day. The Nifty Bank and Nifty FMCG index fell 1 percent and 1.5 percent, respectively while Nifty Pharma also lost 0.9 percent. However, Nifty Metal jumped nearly 2 percent during the day whereas auto and IT indices added 0.3 percent each.
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