The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among the benchmark indices Sensex and Nifty.
Sensex closed nearly 456 points lower (0.58%) at 78,499 while Nifty 50 fell only 65 points (0.27%) to end the session at 24,571. Broader markets were mixed, with Nifty Smallcap 100 closing in the red, while Nifty Midcap 100 gained 0.2%.
