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Wednesday, August 11, 2021

BSE clarifies on Price Band rule; Sensex ends flat, SmallCap index down 1% - Business Standard

Indices recover from lows as BSE clarifies on Add-on Price Band Framework
Stock market updates: Clarification provided by the BSE, related to its new Add-on Price Framework for broader market-securities, helped equities claw back gains on Wednesday. READ ABOUT IT HERE

From a low of 54,167, the S&P BSE Sensex clocked a swift recovery in the later-half of the session to end at 54,526 levels, down 29 points or 0.05 per cent. On the NSE, the Nifty50 index hit a low of 16,162 in the intra-day trade but returned in the positive territory to close 2 points, or 0.01 per cent, higher at 16,282 levels.

In the broader markets, the BSE SmallCap index, which was down over 3 per cent at one point during the day, ended just 0.83 per cent lower. The BSE MidCap index, on the other hand, closed 0.22 per cent down.

Sectorally, the Nifty Metal index was the top gainer, up 3.14 per cent while the Nifty Pharma index was the top laggard, down 1.5 per cent.


 

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BSE clarifies on Price Band rule; Sensex ends flat, SmallCap index down 1% - Business Standard
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