Equity indices end flat after volatile trade, metal stocks gain

Equity indices end flat after volatile trade, metal stocks gain

Equity benchmark indices wiped out all intra-day gains to end flat on Wednesday but metal and auto stocks gained substantially.

When the closing bell rang, the BSE SandP Sensex was down by 25 points or 0.07 per cent at 37,663 but the Nifty 50 gained by 6 points or 0.06 per cent at 11,102.

Except for Nifty pharma, PSU bank and FMCG, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty metal moving up by 4.2 per cent and auto by 2.1 per cent.

Among stocks, Hindalco emerged as the top gainer by adding 8.6 per cent at Rs 176.40 per share.

Tata Steel was up by 6.6 per cent at Rs 397.05 while JSW Steel ticked up by 3 per cent to Rs 235.15 per share.