Sensex, Nifty End Little Changed; Small Caps Outperform
Bear and a bull toy figurines sit beside a bell. (Photographer: Alex Kraus/Bloomberg)

Sensex, Nifty End Little Changed; Small Caps Outperform

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How Did The Sectoral Indices Fare

Buzzing Stock: Indian Bank

  • Among top gainers on the Nifty Smallcap index
  • Gains as much as 9.8% to Rs 98.8
  • At the day's high, it traded at the highest level in 11 months
  • Today's volumes are more than six times its 20-day average
  • One-month implied volatility at 69%
  • Stock heading towards overbought territory with Relative Strength Index (RSI) at 67
  • 7 out of the 11 analysts tracking the stock have a buy recommendation; 0 sell calls
  • The stock trades 11% higher than its 12-month Bloomberg consensus price target

Pharma Stocks Gain

Sensex, Nifty End Little Changed; Small Caps Outperform
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