Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks BSE Sensex and Nifty 50 trimmed most of the opening losses and settled flat to negative in Friday’s choppy session. Sensex ended just 25 points or 0.08 per cent down at 31,097, while the broader Nifty 50 index finished flat at 9,137. In the 30-share index Sensex, 20 stocks finished trade in negative territory. M&M was the top Sensex laggard with loss of 4.70 per cent, followed by Axis Bank, IndusInd Bank, Hero MotoCorp and Sun Pharma. On the other hand Bharti Airtel was top Sensex gainer with a growth of 2.68 per cent. Tata Steel, Asian Paints, RIL and HUL were among other gainers on the index. Except Nifty Metal and Nifty FMCG, all the sectoral indices traded in red. Nifty Metal index gained over 1,5 per cent with Vedanta, SAIL, Hindustan Zinc and NMDC as top gainers. Nifty Bank index dropped 1.23 per cent dragged by Bank of Baroda, Federal Bank and Bandhan Bank.
Ruling out any impact of stimulus on the price situation, Chief Economic Advisor K V Subramanian on Thursday said the COVID-19 pandemic has severely dented the demand for non-essential or discretionary goods, creating deflationary conditions. He also said that a good part of the Rs 20 lakh crore stimulus package is designed in a manner that the fiscal deficit remains under control, according to PTI.