Market wrap: Kotak Mahindra Bank, Power Grid, Maruti Suzuki, Trent top gainers and losers on Nifty and Sensex on Friday

Synopsis Indian equity benchmarks ended largely flat on Friday, extending gains for a second straight session despite Middle East uncertainties. Power Grid, HDFC Life and Kotak Mahindra Bank led the gainers, while Maruti Suzuki, Trent and HCL Tech were among the top losers. Broader markets outperformed with positive market breadth. The Indian stock market rose for the second consecutive session on Friday, August 21, although uncertainties in the Middle East capped gains in the benchmark indices. The NSE Nifty50 settled 20.15 points, or 0.08%, higher at 24,252, while the BSE Sensex ended almost flat at 77,540.83, gaining just 3.11 points….