Market at close: Sensex and Nifty end flat; FMCG and oil stocks gain

By Vivek Dubey

CNBC-TV18.com

Published July 08, 2024

Sensex & Nifty end flat tracking mixed stock movements.

Nifty ends with a minor cut but holds on to 24,300.

HDFC remains a drag while RIL provides major support for Nifty.

Sensex slips 36 points to 79,960 and Nifty 3 points to 24,321.

Nifty Bank slips 235 points to 52,426 and Midcap Index 201 points to 56,888.

FMCG stocks react positively to quarterly update, Nifty FMCG rises 2%.

Oil & gas stocks see buying; ONGC top Nifty gainer, GAIL rises as well.

Railway stocks surge ahead of Union Budget; RVNL up 15%.

Paytm moves higher with healthy volumes, stock up 14% in two sessions.

IRFC hits record high, stock ends more than 7% higher.

Man Industries rises 4% after bagging ₹1,850 crore order.

Ajmera Realty surges 3% after Q1 update shows collections up nearly 50%.

Healthy June insurance data helps HDFC Life rise 2%.

Market breadth favours declines, advance-decline ratio at 2:3.