Market Movers: Metals shine; autos on a high; 50 stocks turn ‘overbought’
NEW DELHI: …and thus continued the battle between the bulls and the bears.
After a session going to each, the third one proved to be a tie, and the benchmark indices closed mixed. The directionless nature of the market showed indecisiveness of market participants after a stupendous rally in recent months.
The 30-share Sensex closed just 25 points down, but plunged nearly 500 points from the day’s high. Broader Nifty advanced 6 points to close above the 11,100 mark. Broader market indices, es…