New Delhi, Feb. 28 -- Market recap: Nifty50's performance on 27 February

Nifty 50, India's benchmark index, ended flat on Thursday, 27 February, in a lacklustre session amid volatility. After opening at 22,568.95, the index traded within a narrow range of 22,500-22,613 before closing flat on the monthly F&O expiry day, forming another Doji candle on the daily chart.

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Among sectoral indices, only Nifty Financials, Metal, and Banks managed to stay positive, while the rest ended in the red. The advance-decline ratio remained weak, with decliners outpacing advancers by nearly 5:1.

Technical view

Since breaking below 22,700, the Nifty has m...