Flat Close To A Volatile Day

It was a flat end to a volatile day of trade on Dalal Street. At close, the Sensex was up 7 points at 49,751, and the 50 stock Nifty clocked in just a 32 point gain ending the day at 14,707.

The broader markets were more active with the advances outpacing the declines holding the market breadth steady at 3:2. Smallcap and Midcap Indices rung in gains of 1% each. 

Metal Index remained firmly higher through the day  hitting the highest level since April 2018 but the sheen was dragged down by financial stocks which continued their downturn. 

Bulls will take solace from the fact that the markets have broken the 5 day losing streak.