Markets end flat; Sensex near 57,200, Nifty 50 holds over 17,100; Bank, Auto stocks underperform

28 Jan 2022 , 03:49 PM

Benchmark indices closed flat after surging over 1 per cent in the opening trade. The Sensex closed at 57,200, as it declined 77 points and the Nifty50 index fell 8 points to end at 17,101.

The broader markets outperformed the headline indices as both mid-caps and small-caps rallied 1.5 per cent.

NTPC, UPL, Sun Pharma, Tata Consumer, IndusInd Bank led the gains on the Nifty index. Whereas Maruti, Tech Mahindra, Power Grid, ICICI Bank, Hero MotoCorp are among the top losers.

On the sectoral front, Nifty IT, Healthcare and Pharma stocks rally with Realty index rose over half a per cent. However, banking stocks were under pressure today as Nifty Bank declined over half a per cent and auto also closed lower.