Markets settle almost flat in highly volatile trade amid persistent foreign fund outflows

The BSE smallcap gauge climbed 0.37% & BSE midcap index rose 0.09%

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MUMBAI: Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows.

After gyrating between highs and lows, the 30-share index declined 67.30 points or 0.09 per cent to settle at 78,472.87. During the day, it dropped 142.38 points or 0.18 per cent to 78,397.79.

The NSE Nifty dipped 25.80 points or 0.11 per cent to 23,727.65.

As many as 2,019 stocks declined, while 1,977 advanced and 96 remained unchanged on the BSE.

"The domestic market concluded flat ahead of the holiday, with metal and power stocks dragging performance while FMCG and auto sectors gained from recent corrections.