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Key benchmark scrapped all gains in closing deals, ending on a positive note after being rangebound on Monday supported by buying in rate sensitive realty, capital goods and banking stocks. Last week, the Reserve Bank of India (RBI) kept key policy rates citing the need to push sagging growth while being equally wary of the inflation, sparking off a relief rally on the bourses.
Broader markets outperformed the bechmarks today after market regulator Securities and Exchange Board of India (SEBI) announced rationalisation of the rules on trading of thinly-traded stocks.
BSE Small-Cap and Mid-Cap indices were up more than 1% each, with both these indices outperforming the Sensex today.
The Sensex ended provisionally at 21089.50, up 9.78 points higher from its previous close and the borader 50-unit Nifty gained 10.25 points at 6,282.50.
