Stock market today: Nifty 50, Sensex end flat; midcaps, smallcaps continue their outperformance

Equity benchmarks- the Sensex and the Nifty 50- ended flat in the absence of fresh triggers. 

Investors are booking profits in large-cap stocks as the market focus shifts to the new government’s policy decisions, the upcoming Union Budget, and global cues.

Shares of select heavyweights from diverse sectors, including Reliance Industries, ICICI Bank, and ITC, were among the top drags on the Sensex.

Sensex opened 191 points higher at 76,680.90 against its previous close of 76,490.08 and rose about 370 points to hit its intraday high of 76,860.53. The index, however, fell prey to profit booking in the fag-end and ended 33 points, or 0.04 per cent, lower at 76,456.59.

The Nifty 50 opened at 23,283.75 against its previous close of 23,259.20 and touched its intraday high of 23,389.45. The index settled 6 points, or 0.02 per cent, up at 23,264.85.

(More to come)

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Published: 11 Jun 2024, 03:30 PM IST