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Sensex, Nifty50 stuck in narrow range near the flat line;  Reliance Industries, Tech Mahindra up 1%

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: India’s Sensex and Nifty50 stock indices recovered their initial losses after a weak opening on Thursday, amid weakness in most other Asian markets. Gains in IT and pharmaceutical stocks were offset by weakness in financial and metal counters. Larger markets suffered minor losses in early trades, with the midcap and smallcap indices falling 0.1 to 0.2 percent respectively. Analysts expect volatility to continue before monthly derivative contracts due expire by the end of the session.

First publication: STI


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