Updates on the stock market: RIL Drops 2%, Nifty Below 19,750, and Sensex Down 50 points

Despite conflicting global indications, domestic markets showed a flat trend throughout Monday’s trading session.

S&P BSE Sensex quoted at 66,628 levels, down more than 50 points, while Nifty50 remained unchanged below 19,750 levels for the front-running indexes.

Broader markets, however, outpaced benchmark indexes, with gains of up to 0.6% for the Nifty Midcap 100 and Nifty Smallcap 100 indices. In the meanwhile, the India VIX, a measure of volatility, increased by 2%.

While Nifty Oil and Gas index was the sector loser, Nifty PSU Bank index emerged as the sector winner.