MARKET LIVE: Sensex, Nifty fluctuate; PSU banks, pharma stocks outperform
The S&P BSE Sensex hovered around 50,100 levels while the broader Nifty50 index was near the 15,100-mark. Mahindra & Mahindra, Kotak Mahindra Bank, IndusInd Bank, and ONGC were all down over 1 per cent. Among other individual stocks, Tata Motors slid over 5 per cent after announcing its March quarter results.
The trend among Nifty sectoral indices was mixed, with gains in Nifty Pharma index being offset by losses in Nifty Auto index.
Meanwhile, the broader indices outran their benchmark peers, with both the S&P BSE MidCap and SmallCap indices ruling over half a per cent higher.
A total of 25 companies, including Indian Oil Corporation, Indiabulls Housing Finance, JK Tyre & Industries, and SML Isuzu are scheduled to release…