Sensex, Nifty End With Gains For Third Straight Day
Closing Bell: A Day Of Consolidation
Indian equity markets ended little changed after witnessing pressure at higher levels. However, they managed to eke out modest gains.
The S&P BSE Sensex ended 0.3% higher at 40,544 while the NSE Nifty 50 index ended just below the 11,900 mark at 11,896, up 0.2%. Both Sensex and Nifty registered their third straight day of gains.
Among the sectoral indices, it was the Realty index that ended as the top performer in today's session. The index gained 4%, courtesy the surge in Oberoi Realty, which ended at an upper circuit of 20% - the most on record.
Other sectors that did well today include the Nifty Media index, which ended 2% higher, courtesy gains in Zee Entertainment and the Nifty I.T. index, which ended with gains of 1.4%.
Yesterday's top performer, the PSU Bank index was the top laggard in today's session, ending 1.4% lower.
Broader markets managed to outperform the benchmarks in today's session. The Nifty Midcap index gained 0.7% while the Smallcap index was up 0.4%.
India Volatility Index ended 4% higher at 22.69.
991 stocks on the NSE ended with gains while 829 posted losses in today's day of trade.