Nifty, Sensex close flat with a negative bias

Markets closed on a flat note with a negative bias on Thursday. Nifty closed at 9616, hitting a high of 9,634.65 intra-day on June 1, 2017, while BSE Sensex ended at 31137.12 in Thursday’s trade.  

At the closing bell, Nifty ended at 9,616.10, down by 5.15 points or 0.05 per cent and BSE Sensex closed at 31,137.59, down by 8.21 points or 0.03 per cent. 

On the NSE, out of total 1550 scrips, 643 scrips closed in the red, 831 scrips ended the day in the green and 76 scrips remained unchanged.

BSE Mid-cap index closed at 14696.19, up by 70.90 points or 0.48 per cent and BSE Small-cap index closed at 15234.24, up by 154.03 points or 1.02  per cent.

Adani Ports, the top gainer in Nifty closed at Rs 350.50, up by 11.50 points or 3.39  per cent, while Indian Oil Corporation was the top Nifty loser which closed at Rs 413.65, down by Rs 15.80 or 3.68 per cent.

Vakrangee Ltd soared 7% on Thursday after the company announced that it has achieved debt-free status during the quarter ended March. The stock closed at Rs 387.50, up by 6.19%.

The stock price of Reliance Communications rose by over 6 per cent intra-day on Thursday. The stock closed at Rs 20.75, up by 3.75 per cent on the BSE.