Sensex, Nifty Trade Flat Amid High Volatility. FMCG, Auto Shine

    Share market today: The two key equity benchmarks, Sensex and Nifty, are trading flat amid volatility. The domestic indices opened higher in early trade, a day after the unexpected Lok Sabha 2024 election results. At 9.55 am, the BSE Sensex was dropped 111 points to 71,968. On the other hands, the NSE Nifty50 was trading at 21,832, down 52 points.

    Stock update

    On the 30-share Sensex platform, L&T fell 5.91 per cent, followed by PowerGrid, NTPC, SBI, Airtel, ICICI Bank. On the flip side, HUL, Nestle, Asian Paints, Kotak Bank, Maruti, and ITC were trading in the green.

    In the broader markets, Nifty Smallcap advanced 0.32 per cent, while Midcap gained 0.47 per cent.

    Sectoral update

    Sectorwise, Nifty FMCG led with over 2 per cent gains, followed by Auto jumping 1.73 per cent. Metal was the only loser, falling 0.36 per cent.

    In the previous session on Tuesday, the 30-share BSE Sensex nosedived 4,389.73 points to close at a more than two-month low of 72,079, while the NSE Nifty50 settled at 21,884, a sharp decline of 1,379 points.

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