Nifty, Sensex close flat on Thursday as high crude price concerns offset value buying

Indian benchmark indices ended largely flat on Thursday as domestic markets remained volatile amid elevated crude oil prices, while value buying after the recent correction provided support. The Nifty 50 index closed at 23,270.60, gaining 53 points or 0.23 per cent, while the BSE Sensex closed at 74,314.59, down 21.86 points or 0.03 per cent. Vinod Nair, Head of Research, Geojit Investments, said the anticipated US Federal Reserve rate hike, along with easing bond yields, provided temporary supp...