Mumbai, Sept. 5 -- The key equity benchmarks ended sideways today, despite the announcement of GST reforms. Market witnessed profit booking as investors adopted risk-averse approach. The Nifty settled above the 24,700 level. Auto, metal and media shares advanced, while IT, FMCG and realty shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex shed 7.25 points or 0.01% to 80,710.76. The Nifty 50 index rose 6.70 points or 0.03% to 24,741.

In the broader market, the S&P BSE Mid-Cap index declined 0.10% and the S&P BSE Small-Cap index rose 0.09%.

The market breadth was positive. On the BSE, 2,173 shares rose and 1,920 shares fell. A total of 167 shares were unchanged.

The NSE's India VIX, a gauge of the ...