New Delhi, Feb. 14 -- Market recap for 13 February: Nifty and Bank Nifty analysis

The Indian stock market witnessed a flat closing on Thursday, as initial bullish attempts failed to sustain, giving way to bearish dominance in the latter half of the session. Both the Nifty 50 and the Bank Nifty faced considerable losses, reflecting weak market sentiment.

The Nifty 50 closed at 23,031, down by 13.85 points (-0.06%), while the Bank Nifty slipped 119.60 points (-0.25%) to settle at 49,359.85.

Also Read: PSU stocks tumble from all-time highs - is it time to reconsider or is it an investment opportunity?

IT (-1.0%), PSU Bank (-0.90%), and FMCG (-0.79%) sectors closed in the red, while Pharma (+1.35%), Metal (+0.82%), and Realty (+0.81%) end...