The Nifty 50 index closed at 19802, down 0.05%, indicating a virtually flat rangebound performance and minimal directional movement in the benchmark. For the fourth consecutive day, the NSE benchmark Nifty 50 index traded within the range of the November 16, 2023, candle.
In terms of sectoral indices, Nifty Realty and Nifty Oil and Gas outperformed the majority of sectors and the benchmark index, while significant profit-booking was observed in Nifty Pharma and Nifty Healthcare.
In the broader market, the Nifty Midcap Index touched a record intraday high but failed to sustain it and witnessed selling pressure for most of the day before ending unchanged. Meanwhile, the Nifty Smallcap Index gained 0.70%, demonstrating resilience amidst the uncertain markets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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