Market on a wait and watch mode before Budget

Market on a wait and watch mode before Budget

The market ended flat after a volatile trading on Wednesday with the Sensex was up 22.77 points at 39,839.25, while Nifty closed 6.50 points higher at 11,916.80.

Indiabulls Housing, IndusInd Bank, ITC, Zee Entertainment and Grasim Industries were among major gainers on the Nifty, while losers were Eicher Motors, GAIL, Tech Mahindra, Vedanta and Dr. Reddy's Labs.

Traders were cautious ahead of the presentation of the Economic Survey on Thursday, 4 July 2019, and that of Union Budget the following day.

The broad market indices like BSE Mid-Cap and BSE Small-Cap indices gained more, thereby outperforming the Sensex/Nifty.