Sensex ends flat

Today's major news
Jaiprakash Associates starts operations at new cement plant; the stock ends the day 1.11% lower.
Punjab National Bank cuts interest rates on most NRI deposits; the stock is up by 0.32%.
ABG Shipyard exits Great Offshore race; the stock surges 3.51%.
Larsen & Toubro commissions new casting unit in Coimbatore; the stock closed the day 0.10% down.
Tata Tele switches on high-speed mobile TV, the stock jumps 1.15%.
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Post-market summary
Global signals
European stocks trading with firm gains with banks leading the way after the Bank of America said it would repay the government debt; FTSE 100 rises by 0.58%.
All the major Asian indices closes in green and managed to hold on the morning gains, except for the Shanghai Composite that ended marginally lower. SGX Nifty ended 14 points higher.
US stock futures extend gains and trade higher on Thursday on the back of positive news coming from the Bank of America.
Indian indices
Taking leads from optimist market overseas, the stock market back home opened higher and extended its gains till noon when it turned volatile despite firm opening in European markets. Swinging by 233 points during the day the Sensex’s day’s high was 17361 and the low was 17128. Finally, the Sensex ended 17 points higher and Nifty closed 8 point higher.
Sensex sentiment
Of the 2,840 stocks traded on the BSE, 1,653 stocks advanced, whereas 1,114 stocks declined. Seventy three stocks closed unchanged.
Sectoral & stock screening
Of the 13 sector indices on the BSE, all the indices bar BSE Auto and BSE CG managed to closed in green. BSE HC topped the chart with gains of 1.66% followed by BSE Metal that rose by 1.19%.
On stocks’ front, Jet Airways surged the most by 11.30% followed by Jubilant Organosys that rose by 9.81%. Hindustan Zinc and United Spirits ended the day with gains of over 7% each. Among losers, Indiabulls Financial slid the most by 4.40%, followed by Tata Motors that fell by 3.34% and Piramal Healthcare that shed 3.27%.
Viewing volumes
On stock turnover front, over 1.30 crore shares of Unitech changed hands on BSE followed by Suzlon Energy (1.05 crore shares), IFCI (0.57 crore shares), Reliance Natural Resources (0.47 crore shares) and Ispat Industries (0.43 crore shares).