NSE Market Today: Nifty Ends Flat in Volatile Session
Nifty Sensex: Details & Updates
Market Overview
The National Stock Exchange of India (NSE) witnessed a volatile session on August 27, 2024, with the Nifty Sensex closing flat.
Early gains could not be sustained, as the index came off highs later in the day.
Profit-taking in FMCG and metal stocks contributed to the weakness in the market.
Key Highlights
- Sensex closed at 63,247.75, up 7380 points or 0.09%.
- Nifty closed at around 18,832.10.
- FMCG and metal stocks witnessed profit-taking, pressuring the indices.
- Other sectors, such as banks and IT, provided some support.
- The broader markets moved in line with the benchmarks, with the Nifty Midcap 100 index gaining 0.25% and the Nifty Smallcap 100 index rising 0.32%.
Closing Remarks
The market's inability to hold early gains and the weakness in FMCG and metal stocks resulted in a flat close for the Nifty Sensex.
However, the positive performance of other sectors, such as banks and IT, prevented a significant decline.
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