Business Blog: Sensex, Nifty end flat as financials offset US data-powered IT stocks

Wednesday, August 30, 2023

Sensex, Nifty end flat as financials offset US data-powered IT stocks

Indian shares ended near the session's low as a late slide in financials offset gains in IT stocks. The Nifty 50 index closed slightly higher, while the S&P BSE Sensex also rose marginally. Financials were dragged down by HDFC Bank, while IT stocks climbed on easing interest rate concerns in the US.

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