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  Business   Market  07 Sep 2017  Markets end flat on profit booking amid North Korea tensions

Markets end flat on profit booking amid North Korea tensions

PTI
Published : Sep 7, 2017, 4:24 pm IST
Updated : Sep 7, 2017, 4:25 pm IST

Brokers said buying by DIIs cushioned any major fall despite sustained capital outflows by foreign funds.

Markets closed flat as investors booked profits at every rise due to worries over North Korea.
 Markets closed flat as investors booked profits at every rise due to worries over North Korea.

Mumbai: The BSE Sensex closed flat at 31, 662.74 after a volatile trade as jittery investors booked profits at every rise amid deepening worries over North Korea.

The broader NSE Nifty ended up by 13.70 points, or 0.14 per cent, at 9,929.90, after moving between 9,964.85 and 9,917.20.

The benchmark Sensex had opened higher at 31,738.74 and scaled the day's high of 31,814.96 in early trade, taking positive leads from Asian markets.

Emergence of profit-booking dragged the index to a low of 31,620.44 later before settling with a marginal rise of 0.77 point, at 31,662.74. The gauge had lost 147.86 points in the previous session.

Brokers said buying by domestic institutional investors (DIIs) cushioned any major fall despite sustained capital outflows by foreign funds.

The rupee offered some relief, trading higher by 12 paise at 63.98 (intra-day) against the dollar at the forex market.

Tags: bse sensex, nifty, north korea tensions
Location: India, Maharashtra, Mumbai (Bombay)