Sensex, Nifty Erase Gains, Turn Flat; Smallcaps Jump 1%, Realty Outperforms | Closing Bell
Indian benchmark indices gave up their early positive aspects and turned flat in Thursday afternoon commerce, after staging a powerful rally earlier within the session. The Sensex, which had gained greater than 350 factors, slipped again to 76,571.70, whereas the Nifty retreated from above the 24,000 mark to commerce round 23,913.30.
Regardless of the dearth of momentum within the headline indices, broader markets continued to outperform. The Nifty Smallcap 100 gained 1.15 % as market breadth remained constructive.
Sectorally, realty and media shares emerged as the highest performers, whereas non-public sector and PSU banks additionally traded larger. Then again, IT, FMCG and auto shares remained beneath strain.
India VIX declined 3.54 %, signalling decrease volatility even because the benchmarks surrendered their early positive aspects.
Watch this house for the most recent updates on the Sensex, Nifty, sectoral traits, broader market efficiency and key shares in focus
