Market Close | Sensex, Nifty reverse gear after early rally
What started as a strong session turned into a sharp reversal, with the Nifty closing below 24,600 after shedding nearly 200 points from the day’s high. Midcaps cooled off but still ended in positive territory, thanks to a broadly upbeat market breadth reflected in a 2:1 advance-decline ratio on the NSE. Gains in FMCG, metals, PSU banks, and realty helped cushion the fall, even as autos, pharma, and IT stocks came under pressure.
We wrap up today’s edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.
