Amid extreme volatility, markets remain flat

Following initial advances in a very turbulent trade on Friday, equity benchmark indices were trading flat with a lack of an obvious trigger.

In the early trade, the 30-share BSE Sensex rose 67.71 points to 66,085.52. The Nifty gained 28.9 points to 19,830.90.

However, both the benchmark indices afterward experienced extreme volatility and were trading between highs and lows.

NTPC, Mahindra & Mahindra, Sun Pharma, UltraTech Cement, HDFC Bank, and Axis Bank were the top gainers on Sensex.

Among the laggards were Tata Motors, HCL Tech, Tech Mahindra, and Bajaj Finserv.

Tokyo was trading higher in Asian markets, while Seoul, Shanghai, and Hong Kong were trading lower.

On Thursday, the US markets were closed for the Thanksgiving holiday.

Brent crude lost 0.02 percent to USD 81.40 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) purchased securities worth Rs 255.53 crore on Thursday.

On Thursday, the BSE benchmark slipped 5.43 points or 0.01 percent to 66,017.81. The Nifty sank 9.85 points or 0.05 percent to 19,802.

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