Share/Stock Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended on a flat note with marginal gains on Monday as the rise in wholesale inflation capped early gains despite a positive trend in global markets.
The S&P BSE Sensex rose 32.02 points (0.05 per cent) to end at 60,718.71 while broader Nifty 50 inched up 6.70 points (0.04 per cent) to settle at 18,109.45. Both the indices had opened nearly 0.5 per cent higher but soon after gave up most of the gains and traded in a narrow range throughout the day.
On the Sensex pack, Power Grid Corporation of India, ITC, Asian Paints, Nestle India, Kotak Mahindra Bank and Tata Consultancy Services (TCS) were the top gainers of the day on Monday. On the other hand, Tata Steel, Mahindra & Mahindra (M&M), Bajaj Auto, State Bank of India (SBI), Bharti Airtel and Bajaj Finserv were the top laggards.
Earlier in the day, the wholesale inflation calculated by the wholesale price index (WPI) surged to 12.54 per cent in October from 10.66 per cent a month ago, data released by the Ministry of Commerce & Industry showed.
(with inputs from agencies)