Market Volatility: Sensex and Nifty Stagnant; Banking Drags as Titan Leads Sectoral Sell-off

The NSE Nifty 50 opened at 23,362.45 and hit an intraday high of 23,503.80 before settling near 23,399.45. Despite the marginal 0.09% gain, the advance-decline ratio favored bears, with nearly 2,711 stocks declining against 584 advances on the broader exchange. The BSE Sensex remained largely unchanged at 74,564.09, gaining just 4.85 points. Traders are keeping a close watch on the 23,123 level as a potential support zone if the current consolidation fails. Jewelry Bleeds, FMCG Leads Reportedly, the government has taken a decision to hike gold and silver import duties to 15%. This move sent shockwaves through the jewellery sector….