The Indian stock market benchmarks, the Sensex and the Nifty 50, ended with nominal gains on Monday, 20 April, as a jump in crude oil prices amid persisting uncertainties about the US-Iran conflict kept sentiment fragile.
The closed at 78,520.30, rising modestly by 27 points, or 0.03%, while the ended at 24,364.85, gaining 11 points, or 0.05%. However, mid and small-cap segments ended in the red, underperforming the benchmarks. The Nifty Midcap 100 index slipped 0.18%, while the Nifty Smallcap 100 index dropped 0.45%.
As many as 31 stocks ended in the red in the Nifty 50 index, among which Jio Financial Services, Hindalco Industries, and Tata Motors Passenger Vehicles ended as the top laggards.
On the other hand, Trent, JSW Steel, and SBI ended as the top gainers in the Nifty 50 pack of stocks.
Volatility index India VIX jumped over 9% to reach near 19, reflecting increased market nervousness due to global uncertainties.
Most sectoral indices ended lower, with Nifty IT and Realty falling over half a per cent each.
However, Nifty Media and PSU Bank indices rose almost 1% each. Nifty Bank and Financial Services indices ended with nominal gains of 0.03% and 0.06%, respectively.
(This is a developing story. Please check back for fresh updates.)
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