Sensex, Nifty erase early gains to end flat in volatile trade
2 weeks, 6 days ago

Sensex, Nifty erase early gains to end flat in volatile trade

India Today  

Benchmark stock market indices erased early gains to close marginally lower on Monday in a volatile session with Sensex and Nifty swinging between gains and losses. Vinod Nair, Head of Research, Geojit Financial Services, said that the market experienced a gradual recovery from its intraday low, driven by improving economic growth, a rebound in consumption expenditure, and healthy expansion in the agricultural sector, which influenced investor sentiment. However, the longevity of this recovery remains uncertain, contingent on easing global trade uncertainties, which currently show limited signs of improvement," he added. "The broader market displayed a mixed performance, with Midcaps finishing in the green and outperforming, while Smallcaps moved in sync with the Frontline Index," he added.

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