Sensex, Nifty End Little Changed; Vodafone Idea Gains 30%
Closing Bell: A Subdued Session
Indian equity markets ended the weekly options expiry session little changed, having stayed in a narrow range throughout the day.
The S&P BSE Sensex ended 0.2% lower at 38,990 while the NSE Nifty 50 ended almost unchanged at 11,527.
Banks were the major underperformers in today's session. The Nifty Bank index ended 1.2% lower and was the key contributor in keeping the Nifty's move in check.
I.T. and Pharma stocks outperformed. The Nifty I.T. inde ended 1.5% higher while the Nifty Pharma index ended with gains of 1%.
The Nifty FMCG and Nifty Auto index too ended with gains of 0.7% and 0.8% respectively.
Broader markets also outperformed the benchmarks in today's session. The Midcap index ended with gains of 0.9% while the smallcap index gained 0.7%.
The India Volatility Index fell 2.7% to 20.53.
Market breadth stayed in favour of the gainers. 1,023 stocks on the NSE ended with gains while 790 stocks posted losses.