Final Trade: Flat close for markets; Sensex up 70 pts, Nifty ends at 24,336
Indices close little changed as sectoral action remains mixed; mid, smallcaps end lacklustre.
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05:20 PM IST
Benchmark indices ended Tuesday’s session on a muted note amid mixed global cues. While the Sensex closed 68.71 points higher at 79,441.45, the Nifty50 settled above the 24,300-mark at 24,336.40, up 20.55 points.
IT, oil & gas stocks support gains
Tech names like TCS, Infosys and HCL Tech contributed to the upside, along with gains in ONGC and Reliance Industries. Nifty IT was up 0.9 per cent.
Pharma, metals drag
Selling pressure was seen in pharma and metal counters. Dr Reddy’s, Cipla, Hindalco, and JSW Steel were among top laggards.
Mid and smallcaps underperform
The broader market underperformed the benchmarks, with the Nifty Midcap 100 and Nifty Smallcap 100 ending marginally in the red.
Volatility stays low
India VIX, the fear gauge, slipped below 13, indicating calm in the market despite F&O expiry week.
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05:20 PM IST