Sensex, Nifty lose early gains, close nearly flat

VCCircle | Dec 2, 2019 at 4:25 PM
  • Indian shares erased early gains to end nearly flat on Monday, dragged by losses in information technology and state-owned bank stocks, as a flagging economy kept investors cautious ahead of the central bank’s monetary policy meeting later this week.
  • The NSE Nifty 50 index closed 0.07% lower at 12048.20 and the S&P BSE Sensex was little changed at 40802.17.
  • A fall in auto sales in November also pushed auto stocks lower, sending the Nifty auto index down 0.9%.