Sensex, Nifty End Lackluster Session Little Changed

Indian shares moved in a narrow range before ending on a flat note Thursday as trading resumed after a holiday for Christmas.

The benchmark S&P/BSE Sensex ended little changed with a negative bias at 78,472.48, after having suffered its worst week in 30 months.

The broader NSE Nifty index closed at 23,750.20, up 22.55 points, or 0.1 percent, from its previous close amid the expiry of monthly derivative contracts.

Shares of Adani Group companies surged, with Adani Ports rallying 5.2 percent after news about the arrival of MSC Michela at Kerala’s Vizhinjam port, which marked the 100th commercial vessel to dock at the port in less than six months.

Adani Enterprises, Adani Energy Solutions and Adani Green jumped 1-4 percent.

Shriram Finance, Maruti Suzuki India, SBI Life and Mahindra & Mahindra all rose about 2 percent while JSW Steel, Tata Consumer Products, Asian Paints and Titan Company all fell around 1 percent.

Mazagon Dock shares gained 2.2 percent to snap a five-day losing streak.

Intellect Design Arena soared 10.6 percent to extend gains from the previous session.

One Mobikwik Systems (Mobikwik) rose 2.4 percent to end higher for a third day running.

Shares of newly listed NTPC Green Energy slumped 5.7 percent as the one-month shareholder lock-in period expired.

Globally, major markets around the world, including those in Europe as well as in Asia, remained closed today on account of Boxing Day holiday.