The Indian stock market saw divergence in its benchmark indices for the second consecutive session, with Sensex closing in the red and Nifty in the green following sharp swings during the closing auction session (CAS).
Sensex and Nifty both traded in the green before the CAS began at 3.20 pm. The indicative prices of both the benchmark indices sharply tumbled, with Sensex plunging nearly 1,000 points within a few seconds, before making a sharp recovery. While Nifty managed to recover all losses during the CAS, Sensex ended with marginal losses in the red despite a sharp rebound.
