Sensex, Nifty Trade Flat Amid Volatility. FMCG And Realty Gain

Sensex, Nifty Trade Flat Amid Volatility. FMCG And Realty Gain

The two key equity benchmarks, Sensex and Nifty, on Thursday were trading flat amid volatility tracking mixed global sentiment. At 9.45 am, the BSE Sensex declined 100 points to 61,675. On the other hand, the NSE Nifty50 was trading at 18,256, down 29 points.

On the 30-share Sensex platform, Tata Motors, M&M, Wipro, TechM, SBI, HCL, HDFC were in the red. On the upside, ITC, Nestle, Kotak Bank, Power Grid, Airtel, NTPC were among the early winners.

Among specific stocks, shares of Nykaa gained over 1 per cent after the company rose by 33.7 per cent YoY to Rs 1,302 crore in Q4FY23. Besides, shares of Life Insurance of Corporation (LIC) surged over 2 per cent after the company recorded standalone profit over 400 per cent YoY in Q4FY23.

In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 indices slipped up to 0.2 per cent.

Volatility index, India VIX, declined over 2 per cent.

Sectorwise, Nifty FMCG and Nifty Realty indices marched forward in trade, gaining up to 0.6 per cent. On the flipside, Nifty Metal and Nifty Auto indices were subdued in trade.

In the previous session on Wednesday, the S&P BSE Sensex declined 208 points to 61,774, on the other hand the Nifty50 shut shop at 18,285, down 62 points.

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