AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,966 Increased By 1637.5 (1.68%)
KSE30 30,792 Increased By 599.8 (1.99%)
Markets

Indian shares flat as IT weighs; Nifty set for 15% gain in 2020

  • The Nifty IT which has rallied more than 55% this year, was down 0.53% in early trade.
Published December 31, 2020

BENGALURU: Indian shares were flat on the final trading day of 2020 as losses in IT stocks were offset by gains in Reliance Industries, while the benchmark Nifty index was set to finish the year 15% higher.

The NSE Nifty 50 index was up 0.03% at 13,984.95 by 0353 GMT, while the S&P BSE Sensex was trading 0.04% higher at 47,763.48.

The Nifty has risen 14.90% so far this year, while the Sensex has gained 15.74%. Both indexes have hit record highs after plunging to multi-year lows in March as businesses were shuttered due to the pandemic.

News on vaccine development and measures from global central banks to cushion the economic fallout from the crisis have helped the indexes log annual gains.

The Nifty IT which has rallied more than 55% this year, was down 0.53% in early trade.

Reliance Industries Ltd, India's most valuable company, rose 0.6% and was the top boost to the Nifty.

Meanwhile, US stocks finished higher overnight and Asian shares hovered near record highs on Thursday as investors bet on a speedy economic recovery in 2021 amid COVID-19 vaccine rollouts.

Comments

Comments are closed.