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BSE Sensex flat ahead of Wednesday expiry, Wipro, Bajaj Auto, BHEL shares gain

The market may remain volatile this week as traders roll over positions: Experts

Indian stock markets ended flat on Tuesday ahead of the Wednesday F&O expiry. TheBSE Sensex closed 41.03 points or 0.20% higher at 20,852.47 points, while the NSE’s Nifty ended 13.95 points or 0.23% higher at 6,200.05 points.

Experts feel the markets are likely to remain volatile. “The market may remain volatile this week as traders roll over positions in the futures and options (F&O) segment from the near-month February 2014 series to March 2014 series. The near-month February 2014 F&O contracts expires on Wednesday,” Standard Chartered analysts said in a morning note.

Asian markets showed a mixed trend. The Nikkei (1.44%), KOSPI (0.81%) and Taiwan Taiex (0.18%) ended in the green. Meanwhile, the Jakarta Composite (-1%) and Shanghai Composite (-2.04%) ended in the red.

Back home, among individual stocks,Wipro (2.95%), a href=”https://www.financialexpress.com/stocks.php?EXCHNG=NSE&cocode=28074″ target=”_blank”>Bajaj Auto (2.14%) and Bharat Heavy Electricals Ltd (BHEL) (1.92%) were the major gainers on the 30-share Sensex. Among sectoral indices, BSE IT (0.90%), BSE Auto (0.59%) and BSE Capital Goods (0.57%) were the major gainers.

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First published on: 25-02-2014 at 16:52 IST
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