Market end flat amid volatile trading session - Cholamandalam Securities

Benchmark indices ended on a positive note led by gains in engineering major L&T after the company reported better-than expected 2QFY14 earnings.

Global risk appetite remained firm on expectations that the US Fed would postpone its monetary stimulus measures following the recent government shutdown.

The rupee ended marginally lower amid dollar demand by importers.

Pratibha Industries surged after reports the company has secured an order worth INR 3.21bn from PHED (Ajmer), Rajasthan.

Motherson Sumi Systems ended higher after the company said it plans to issue bonus shares to existing shareholders.

Amongst the sectoral indices Capital Goods led the gains followed by realty, Metal, Power, Auto and Banking, while IT index ended lower.

Source : Equity Bulls

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