Stock market today: Nifty 50, Sensex end flat; M&M, Bajaj Finance among top drags; US inflation data in focus | Stock Market News

Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat on Thursday, July 11, as gains in shares of ITC, ONGC, Tata Motors and SBI were offset by losses in those of Mahindra and Mahindra (M&M), Bajaj Finance, ICICI Bank and Larsen and Toubro.

Benchmark indices remained sideways on Thursday, continuing the trend of selectively picking some stocks while booking profits in others. Experts point out that the market is struggling to break out of its range due to a lack of fresh triggers. This trend may persist until the Budget announcement on July 23.

The focus was also on the US CPI which is due later today as it will shape expectations of rate cuts by the US Fed. Fed Chair Jerome Powell, in his testimony to Congress on Wednesday, said the central bank needs more data to start cutting rates.

The Nifty 50 closed nearly 9 points, or 0.03 per cent, lower at 24,315.95, while the Sensex settled 27 points, or 0.03 per cent, down at 79,897.34.
(More to come)

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Top Gainers and Losers today on 11 July, 2024: Oil & Natural Gas Corporation, Bharat Petroleum Corporation, Tata Consumer, Bajaj Finance among most active stocks; Check full list here | Stock Market News

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Top Gainers and Losers Today : The Nifty closed at 24324.45, down by 0.03% today. Throughout the day, the Nifty reached a high of 24402.65 and a low of 24193.75. The Sensex traded between 80170.09 and 79464.38, closing 0.03% down at 79924.77, which was 27.43 points below the opening price. […]

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