Sensex, Nifty end marginally down amid mixed sectoral trends

MUMBAI: Indian benchmark indices ended largely flat on Thursday after trading in a narrow range throughout the session, even as broader markets outperformed and auto stocks witnessed buying interest.

The Nifty slipped 4.30 points, or 0.02 per cent, to close at 24,326.65, while the Sensex declined 114 points, or 0.15 per cent, to settle at 77,844.52.

Commenting on technical outlook, experts said that technically, the 24,400–24,500 zone continues to act as an immediate resistance band, and a sustained breakout above this range could revive momentum toward the 24,600+ levels.

“On the downside, the 24,100–24,000 zone remains a key support area, which is expected to provide stability in case of renewed selling pressure,” an analyst stated.

Among the top drags on the Nifty were Hindustan Unilever, Tata Consultancy Services, and Titan Company, which weighed on the frontline indices.

Despite the muted performance in benchmark indices, broader markets remained upbeat. The Nifty MidCap index advanced 1.20 per cent, while the Nifty SmallCap index gained 0.97 per cent.