Equity benchmark indices fluctuated between gains and losses in today’s session. The Nifty hovered below 11,900 mark. Barring the IT index, all other sectoral indices were in the green.
The Sensex was up 60 points at 40,175 and the Nifty 50 index was up 14 points at 11,892.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index was up 0.48% and 0.65% respectively.
The Nifty PSU Bank index gained 2% as the buying interest seen in Central Bank, Bank of India, Union Bank and Bank of Baroda.
Further, the media index outperformed in today’s trade as the rally was led by Dish TV, Zee and TV18.
The market breadth was tilted towards the buyers. On the BSE, 1230 shares rose and 856 shares fell. A total of 125 shares were unchanged. In the Nifty 50 index, 23 stocks advanced and 23 stocks declined. 1 stock remained unchanged.
Meanwhile, Maruti domestic sales in October grew by 4.5% yoy to 1.44 lakh units and exports increased by 5.7% to 9,158 units.
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