Sensex Ends Flat On High Inflation, Mumbai Blasts

Compared with the BSE SENSEX closed flat on Thursday, up only 22 points in today's volatile trading, three explosions in the country's financial system has made investors nervous hub yesterday, and general inflation rose less than market expectations.

Bombay SENSEX stock index shot up 350 - range from 18,803.05 to 18,449.23 before ending the moderate gains of 22.18 points 18,618.20.

After the start of the following statements under the triple bomb blast in Mumbai last night by the 30-share index rose as home minister P Chidambaram said the terrorist attacks, "the goal is not unnerve business centers, but to hit populated areas and traffic.

In addition to the general inflation - measured by the inflation index - climbed to 9.44% in June from 9.06% in May, far below market expectations and helped the market to wipe-off losses in the last few days.

But the stock took a dip at the FAG end on weak Asian trend in Europe and the lower hole, deleting most of the benefits.

Broad National Stock Exchange index Nifty ended 14.35 points higher 5,599.80, after moving between 5,653.95 and 5,541.70 points.

Banking shares in recent hopes that lower growth in monthly inflation may reduce the prospects for further interest rate hike. The largest lender State Bank jumped 1.39%, the largest private lender ICICI Bank 1.40%, HDFC Bank, HDFC by 1.01% and 0.55% to Rs 505.90.