MARKET LIVE: Sensex, Nifty turn volatile; broader indices outperform

The Indian markets fluctuated between gains and losses in Thursday's volatile session.

Among the headline indices, the S&P BSE Sensex was trading at around 38,450 mark and the Nifty50 index hovered around 11,350. Titan (up 2%) was the top Sensex gainer, followed by Kotak Mahindra Bank, UltraTech Cement, and Larsen & Toubro (all up 1% each). On the other hand, Bharti Airtel dipped over 4 per cent in early deals before recovering later.

Aurobindo Pharma also fell 4 per cent despite reporting a 22.8 percent YoY rise in consolidated profit at Rs 780.7 crore in the June quarter. Indiabulls Group stocks gained after Sameer Gehlaut stepped down as the company's executive chairman with immediate effect.

The trend among Nifty sectoral indices was largely in the green, led by Nifty Metal index, up 2 per cent,

The broader indices outperformed their benchmark peers with the S&P BSE MidCap and the SmallCap index trading 0.8 per cent higher each.

Results today

Today, a total of 178 companies including Hero MotoCorp, Eicher Motors, and BPCL are scheduled to announce their June quarter results. Analysts expect Hero MotoCorp's Q1 net profit to tumble anywhere in the range of 72-94 per cent on a year-on-year basis, led by massive decline in overall volumes. READ MORE