Stock Tips Tomorrow- Nifty, Sensex remains dull; Nifty Auto spikes, Bharti Airtel top loser

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Nifty, Sensex settled flat on a lackluster trading day, despite positive global cues since caution prevailed ahead of the corporate results scheduled later this month. NSE Nifty50 closed at 10,442.20, up by 6.65 points or 0.06%, while BSE Sensex ended 0.49 points lower at 33,812.26

Nifty PSU Bank index was the top sectoral loser, cracking 1.49 percent at 3,623.85 with shares of Canara Bank which slipped 2.38%, Bank of Baroda falls 2.23 %, PNB down 2.12% and Allahabad Bank cracks 2.10% being the major drags.

Automobile stocks performed well reacting to December sales numbers. The Nifty Auto Index settled 0.3% higher, led by gains in shares of Tata Motors after it reported stellar sales growth in December. Shares of Mahindra & Mahindra, TVS Motor rose by 1 percent each.

Shares of Hindustan Petroleum Corp Ltd (HPCL), Bharat Petroleum Corp and Indian Oil Corporation fell by 1 to 2% after Oil prices posted their strongest opening to a year since 2014, with crude oil price rising to highs amid large anti-govt rallies in Iran and the continuing supply cuts led by OPEC and Russia.
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