Sensex, Nifty End Flat; IT Stocks Underperform, Auto Stocks Gain

The Indian fairness benchmarks ended on a flat observe on Monday as positive aspects in auto, banking, oil & gasoline, realty and vitality shares was offset with losses in current outperforming info know-how shares. The benchmarks staged a niche up opening with each the Nifty and Sensex touching report highs. The Sensex touched report excessive of 60,412.32 and Nifty 50 index hit an all-time excessive of 17,943.50. Nonetheless, the indices gave up positive aspects within the first hour of opening to commerce in a variety certain method.

The Sensex ended 29 factors larger at report excessive of 60,077.88 and Nifty 50 index rose 2 factors to shut at an all-time excessive of 17,855.

Reliance Industries was the highest mover within the Sensex, the inventory touched an all-time excessive of Rs 2,529, with surge in Reliance’s inventory value its market capitalisation crossed Rs 17 lakh crore.

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