Indian equity markets ended on a flat but resilient note, with Nifty 50 closing at 24,624.65, up 9.75 points (+0.04%) after recovering sharply in the final hour of trade from an intraday low of 24,497.95. The benchmark opened at 24,669.20, touched a high of 24,677.60, and spent most of the session under pressure before late buying helped erase losses and push the index into positive territory. Market breadth remained constructive, with 1,974 stocks advancing, 1,394 declining, and 104 remaining unchanged, reflecting broader participation despite the benchmark’s muted move. On the sectoral front, Nifty Metal (+1.72%) and Nifty Auto (+1.27%) outperformed, supported by buying in commodity and automobile stocks. In comparison, Media (-1.58%), Private Bank (-0.42%), FMCG (-0.29%), and IT (-0.16%) ended in the red, limiting the index’s gains.
