Sensex, Nifty End Flat; Telecom Shares Surge On Raising Tariffs

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The S&P BSE Sensex and NSE Nifty 50 indexes ended on a flat note on Monday as gains in telecom and energy shares were offset with losses in auto, consumer durables and banking heavyweights. The benchmarks opened higher but gave up gains to trade flat with a negative bias. The Sensex switched direction at least 10 times before closing on a flat note. During the session, Sensex moved in a range of over 350 points and Nifty touched high of 12,137.15 and low of 12,023.70.
The Sensex ended 8 points higher at 40,802 and Nifty closed 8 points lower at 12,048.

Fifteen of 19 sector gauges compiled by BEE ended lower led by the S&P BSE Auto index’s nearly 1 per cent decline.

Source By NDTV

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