The benchmark equity indices ended Thursday’s trading session in the positive territory. The NSE Nifty 50 jumped 36.55 points or 0.18% to settle at 21,133.15, while the BSE Sensex jumped 86.53 points or 0.13% to 66,988.44. Bank Nifty index falls 84.70 points or 0.19% to settle at 44,481.75.
The broader indices ended in positive territory, with gains led by Smallcap and Midcap stocks. Healthcare and Pharma stocks outperformed among the other sectoral indices while Banking , Metal and IT stocks shed.
Ultra Tech Cement, HDFC Life Insurance, Eicher Motors, Bharti Airtel, and Sun Pharma were the top gainers on the NSE Nifty 50, while the laggards Adani Enterprises, IndusInd Bank, Adani Ports & SEZ, LTI Mindtree, and Reliance Industries.
The Indian Volatility Index (India VIX) closed down by 0.13 %.
“Market traded volatile on the monthly expiry day and ended marginally in the green. After the flat start, Nifty oscillated in a narrow range for most of the session and finally settled around the upper band of the same,” said Ajit Mishra, SVP – Technical Research, Religare Broking Ltd.
Mishra also said that, a mixed trend on the sectoral front and rollover of derivatives positions kept the traders busy wherein realty and pharma pack put up a good show. Besides, the market breadth was also inclined on the advancing side, thanks to outperformance by the midcap and smallcap counters.