The benchmark index ended Tuesday's murmur on mixed notes in the global tips. Sensex earned 68.71 points with a score of 79,441.45, while Nifty50 settled at 24,336.40 on the 24,300 mark, up 20.55 points.
It, oil and gas inventory supports earnings
Technology names such as TCS, Infosys and HCL Tech, as well as earnings from ONGC and Reliance Industries, boosted the upside. Nifty rose 0.9%.
Pharmaceuticals, metal resistance
Sales pressure was seen in pharmaceutical and metal counters. Dr. Reddy, Cipla, Hindalco and JSW Steel are the highest laggards.
The wider market is underperforming, with the benchmark’s medium size of 100, while the Nifty SmallCap 100 ends slightly in the red.
Volatility remains low
The Indian VIX (Fear Meter) has fallen below 13, indicating that the market is calm despite the expiration of the catering cycle.
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