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Markets close flat; Idea slips 5%; D-Mart ends 114% higher on debut

The market breadth, indicating the overall health of the market, was weak

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<b> Photo: shutterstock <b/>

Aprajita Sharma New Delhi
In a volatile trading session, the benchmark indices on Tuesday settled the day flat led by losses in pharma and banking stocks.

The S&P BSE Sensex settled the day at 29,485, down 33 points, while the broader Nifty50 closed at 9,125 down 5 points. In the broader market, S&P BSE Midcap index slipped 0.4%, while the S&P BSE Smallcap index dipped 0.2% at close.

"The market was dragged down in the initial trade due to regulatory issues with US FDA and profit booking on banks impacted the broad indices. However, accumulation at the lower levels led to a