New Delhi, April 16 -- Indian stock market on Thursday pared gains with the Sensex and Nifty traded mixed on Thursday amid profit booking by investors.

At close, Sensex settled 122.56 points or 0.16 percent lower at 77,988.68, while Nifty was at 24,196.75, down 34.55 points or 0.14 percent.

Nifty Midcap 100 index rose by 0.63%, while the Nifty Smallcap 100 index jumped 0.89%. The overall market capitalisation of BSE-listed firms rose to nearly Rs 461 lakh crore from about Rs 459 lakh crore in the previous session.

Among the sectors, Nifty Metal index rose by 1.53%, Nifty IT was up 0.88%, Media up by 0.59%, and Consumer Durables up by 0.58%. Further, those in red were Nifty Private Bank (0.56%), Nifty Auto (0.38%). Nifty Bank (0.38%). and...