Stock Market Today: Nifty, Sensex Erase Day's Gains To End Flat; ICICI Bank, TCS Key Gainers

That's all for today folks. While the market has extended its decline don't get disheartened and hold on to your portfolio for the long run.

In a market landscape that is increasingly obsessed with immediate gratification, two of the industry’s leading investment voices are sounding a stern warning against 'myopia'.

Read more here.

TCS, ICICI Bank, InterGlobe Aviation, Tech Mahindra and Axis Bank emerged as the top gainers for the day.

On the other hand, HDFC Bank, Sun Pharma, Bharti Airtel, L&T and M&M were the worst performers of the Nifty 50 index.

Broader indices closed mixed. Nifty Midcap 150 ended 0.21% higher and Nifty Smallcap 250 closed 0.11% lower. Nifty Smallcap closes lower for the third straight session.

The market breadth was skewed in the favour of sellers, as 2,505 stocks declined, 1,631 advanced and 209 remained unchanged on the BSE.

• Nifty PSU Bank gains for the second consecutive day.

• Nifty Realty snap three day losing streak.

• Nifty Auto falls for the fourth consecutive day.

• Nifty Metal gains for the second consecutive day.

• Nifty Financials snaps three-day losing streak.

• Nifty Bank and FMCG falls for the third consecutive day.

• Nifty Media falls for the second consecutive day.

Most sectoral indices fell with Nifty Media leading the decline. Nifty IT emerges as the top gaining sector ahead of Accenture first quarter results

TCS and LTTS are the top gainers in Nifty IT.