CNBC-TV18 Market Highlights: Sensex, Nifty end flat, indices erase gains as IT shares drag, Infosys, Bajaj twins top losers

Closing Bell: Sensex, Nifty erase gains, IT, financials weigh on indices, Infosys, Bajaj twins top laggads##Closing Bell: Sensex, Nifty erase gains, IT, financials weigh on indices, Infosys, Bajaj twins top laggads

The BSE Sensex ended Monday's trade at 38,214.47, down 87 points, or 0.23 percent. The NSE Nifty50 jumped 36 points, or 0.32 percent, to 11,341. The Nifty MidCap 100 index ended 0.22 percent higher, while the Nifty Bank settled half a percent higher. Infosys, Bajaj Finance, Bajaj Finserv, PowerGrid and BPCL shares slipped by up to 3.76 percent. Tata Motors, ONGC, Bharti Airtel, IndusInd Bank and UltraTech Cement gained by up to 5 percent.

Sensex heatmap at close: Tata Motors top gainers, Infosys, Bajaj Finance top loser##Sensex heatmap at close: Tata Motors top gainers, Infosys, Bajaj Finance top loser

Real estate sector's recovery only a matter of time, says CLSA##Real estate sector's recovery only a matter of time, says CLSA

CLSA is positive on real estate and has seen encouraging signs of recovery in the coming days, Mahesh Nandurkar, India Strategist at CLSA, said in an interview with CNBC-TV18. He added that the real estate sector turnaround is only a matter of time. READ MORE

Top auto stocks have plunged up to 30% this year. Check automakers' market capitalisation here##Top auto stocks have plunged up to 30% this year. Check automakers' market capitalisation here

Maruti Suzuki fell nearly 10 percent this year and its market capitalisation stands at Rs 202,635 crore on the BSE.

Bajaj Auto is the only auto stock that is trading in green having risen about 8 percent this year. The company's market capitalisation is at Rs 85,290 crore. 

Click or tap for more auto stocks that have plunged up to 30% this year

Nifty Auto gains 2.10% in-trade##Nifty Auto gains 2.10% in-trade 

Nifty Auto was the second best-performing index of the day, rising 2.10 percent in-trade on Monday. The share price of Tata Motors during the afternoon trading session was nearly 7 percent while Bharat Forge, Apollo Tyres and Motherson Sumi were trading 3.74 percent, 3.12 percent and 3.025 percent higher on the NSE. Tata Motors continued to remain the Nifty50 top-gainer on Monday.

DHFL denies selling entire wholesale book to Oaktree Capital##DHFL denies selling entire wholesale book to Oaktree Capital

Moody's downgrades Indiabulls Housing Finance's rating##Moody's downgrades Indiabulls Housing Finance's rating

Moody's downgrades rating for Indiabulls Housing Finance to 'B2' from 'Ba2' with a negative outlook.

Afternoon Session: Markets off day's high as IT stocks weigh on indices##Afternoon Session: Markets off day's high as IT stocks weigh on indices

Indian shares traded with strong gains on Monday afternoon, tracking positive global cues and ahead of the release of key inflation data.

The Sensex traded 179 points higher, or 0.47 percent, at 38,306 at 12.03 pm. The 30-share benchmark S&P BSE index had opened at 38,208 and touched the day's high at 38,383. While, the Nifty 50 also rose 50 points, or 0.44 percent, to trade at 11,355. The broader NSE index started at 11,335.90 and hit the day's high at 11,382.50.

The Nifty MidCap 100 surged 0.61 percent, while the BSE MidCap index advanced 0.73 percent. The Nifty SmallCap 100 index lagged behind slightly, rising just 0.33 percent. Among gainers, Among gainers, Tata Motors, ONGC, Tata Steel, Vedanta and Yes Bank were leading, rising between 2 and 6 percent. Infosys, Cipla, Bajaj Finance, Power Grid and UPL were down by up to 3.17 percent.

Tata Motors remains Nifty50 top-gainer of the day, Infosys remains top-loser##Tata Motors remains Nifty50 top-gainer of the day, Infosys remains top-loser

Rupee turns flat##Rupee turns flat, erases all gains

The Indian Rupee erased all its morning gains and was trading flat at Rs 71.02 per dollar, with domestic equity markets trading near day high levels.

DLF's shares gain 7% in-trade##DLF's shares gain 7% in-trade

Shares of DLF jumped over 7 percent on Monday after the realty company sold flats worth Rs 700 crore in its new hosting project in Gurugram.

IRCTC gains most at listing compared to other railway IPOs##IRCTC gains most at listing compared to other railway IPOs

IRCTC more than doubled on the first day of listing, a premium of 103 percent from the issue price, the best debut since the listing of Avenue Supermarts in 2017.  IRCTC’s IPO is also the biggest and the most successful among the four companies from the Indian Railways stable that have gone public -- IRCON International, RITES, Rail Vikas Nigam, and IRCTC

However, there are other stocks like Avenue Supermarts, Central Depository Services, HDFC AMC, Dixon Technologies, and AU Small Finance Bank who made a stellar debut on the bourses, up between 48-114 percent. Read more