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Sensex, Nifty end flat but midcap and smallcaps take a hit; Financials shine, UltraTech Cement sees big cut

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Sensex, Nifty end flat but midcap and smallcaps take a hit; Financials shine, UltraTech Cement sees big cut

Indian stock markets closed the day on a cautious note, with benchmark indices Sensex and Nifty ending almost flat.

The BSE Sensex closed at 74,612.43, up by 0.01%, while the NSE Nifty settled at 22,545.05, down by 0.01. The broader market underperformed significantly. The BSE Midcap index dropped nearly 1%, while the BSE Smallcap index slumped more than 2%, indicating selling pressure in smaller stocks.

Several sectoral indices ended in the red, with Nifty Auto, Nifty PSU Bank, Nifty Realty, and Nifty Media witnessing sharp losses, falling between 1% and 3%.

This is a developing story, more details are being added. Please watch the space for updates

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