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All sectors on the NSE, with the exception of IT and auto, concluded the day on a high note. Broader indexes outperformed their benchmarks. The BSE midcap and smallcap indexes climbed 0.6 and 0.9 percent, respectively.
The Indian equity indexes got off to a good start, trading mostly in the green on strong global cues, but selling in the final hour dragged the Sensex and the Nifty down 0.15 percent on February 23.
"As global markets improved, domestic indexes began the day on a bullish note, but experienced extreme volatility and succumbed to selling pressure, ending the day in bearish territory," said Vinod Nair, Head of Research at Geojit Financial.
All sectors on the NSE, with the exception of IT and auto, concluded the day on a high note. Broader indexes outperformed their benchmarks. The BSE midcap and smallcap indexes climbed 0.6 and 0.9 percent, respectively.
The Indian equity indexes got off to a good start, trading mostly in the green on strong global cues, but selling in the final hour dragged the Sensex and the Nifty down 0.15 percent on February 23.
"As global markets improved, domestic indexes began the day on a bullish note, but experienced extreme volatility and succumbed to selling pressure, ending the day in bearish territory," said Vinod Nair, Head of Research at Geojit Financial.