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Nifty ends above 8700, Sensex flat; IT & Metals outperform

Equity Tips

It was a dull trading day on Dalal Street with dealers and traders mostly in an extended holiday mode. The market ended flat amid thin volume as but the Nifty managed to recapture 8700.

The 50-share index ended up 11.20 points or 0.1 percent at 8708.80 while the Sensex was up 21.20 points at 28082.34.

The market will remain closed on Tuesday and Wednesday due to festival. Investors will be waiting for second quarter corporate earnings with IndusInd Bank, TCS and Infosys announcing results this week.

Meanwhile, global market is reacting to the second debate between US Presidential candidates Donald Trump and Hillary Clinton. Asian stock markets were mixed on Monday, with falling crude oil prices weighing on Australian oil majors' shares.


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