Indian indices ended flat on Friday after rising in early deals as FMCG, energy, pharma and metal stocks declined. However, a rise in IT and financial stocks capped the fall. Heavyweights ITC, RIL, Bharti Airtel, and HUL dragged the benchmarks which ICICI Bank, Infosys and HDFC twins rose.

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The Sensex ended 13 points higher at 51,544 while the Nifty lost 10 points to settle at 15,163. However, both benchmarks ended over a percent higher for the week.

Broader markets were mixed for the day with the midcap index down 0.3 percent and smallcap index up 0.1 percent.

Among sectors, Nifty FMCG and Nifty Metal fell over 1.5 percent each while Nifty Pharma and Nifty Energy lost over a percent each. However, Nifty Bank and Nifty Fin Servdies rose 1 percent and Nifty IT added 0.2 percent trimming the losses.

On the Nifty50 index, Adani Ports, ICICI Bank, Infosys, Axis Bank and Wipro were the top gainers while ITC, Sun Pharma, GAIL, Coal India and ONGC led the losses.

The share price of ITC Ltd declined 4 percent after the company reported an 11.4 percent fall in consolidated net profit for the third quarter of fiscal 2021. ITC’s consolidated net profit in the quarter ended December 2020 was at Rs 3,587.09 crore as compared to Rs 4,050.4 crore in the corresponding period of last year.

(Edited by : Pranati Deva)

First Published:Feb 12, 2021 3:33 PM IST