Key benchmark indces hit a third consecutive record high on Monday but the gains fizzled out later in the session, with both indexes ending flat as automakers such as Tata Motors declined after monthly sales fell. Thebroader Nifty closed 0.02 percent higher at 8,324.15 points. Data showing a modest pick-up in Indian factory activity, according to the HSBC Manufacturing Purchasing Managers' Index (PMI), failed to have much of an impact.
The market breadth indicating the overall health of the market was positive but in Nifty50 stocks, the advance to decline stood at 23 advances to 27 declines.
The market breadth indicating the overall health of the market was positive but in Nifty50 stocks, the advance to decline stood at 23 advances to 27 declines.
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