Mumbai, Aug 14
The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15.
Sensex settled at 80,597.66, up 57 points or 0.07 per cent. The 30-share index started the session slightly up at 80,625.28 against last session's closing of 80,539.91, continuing the last day's momentum. The index remained range-bound, touching an intra-day high at 80,751.18 and a low at 80,489.86, during the session amid a mixed approach from the investors.
Nifty ended the session at 24,631.30, up 11.95 points or 0.05 per cent.
The mixed approach was seen in sectoral indices, as well as some settled in reen while some ended the session in negative territory. Nifty Financial Services (up 95 points), Nifty Bank (up 160 points) and Nifty IT (up 140 points) settled higher, while Nifty FMCG (down 353 points) and Nifty Auto closed in red.
Rupee ended at 87.54, down 0.10 paise or 0.10 per cent, tracking range-bound moves in the dollar index at 97.83.
"Markets remain watchful ahead of Friday’s key meeting between US President Trump and Russian President Putin over possible peace talks on the Russia-Ukraine war. The rupee is expected to trade in the 87.25–88.00 range," said Jateen Trivedi of LKP Securities.