Market Update: Sensex and Nifty Show Marginal Increase of 0.05% and 0.11% Respectively

The stock market witnessed a positive trading day with the Sensex and Nifty showing marginal gains. The Sensex closed with a 0.12 per cent increase, while the Nifty ended the day with a 0.19 per cent rise. The Nifty Midcap and Nifty Smallcap indices also performed well, showing increases of 0.34 per cent and 0.54 per cent respectively.

Market volatility decreased as the India VIX experienced a decline of 1.45 per cent. Among the sectors, Nifty Realty, Nifty Metal, and Nifty Media emerged as the top gainers, while Nifty PSU Bank, Nifty FMCG, and Nifty Pharma sectors faced losses.

Individual stocks like Jio Financial Services, Hindalco, and UPL saw significant gains, while Bharti Airtel, Hindustan Unilever, and Axis Bank encountered setbacks. Overall, the market sentiment was positive, with more stocks advancing than declining, indicating optimism among investors.