Sensex, Nifty end flat as volatility spikes due to rising Covid cases

The NSE Nifty 50 index slipped 0.13% to 14,677.8, while the S&P BSE Sensex was 0.09% higher at 48,732.55.

India's benchmark Nifty 50 stock index ended lower in a volatile session on Friday, as domestic coronavirus infections climbed past 24 million, with losses in heavyweight IT and metal shares eclipsing sharp gains in Asian Paints and consumer goods majors. The NSE Nifty 50 index slipped 0.13% to 14,677.8, while the S&P BSE Sensex was 0.09% higher at 48,732.55. Both indexes finished the holiday-shortened week 1% lower after losses earlier in the week on U.S. inflation worries.