Stock Market LIVE Updates: GIFT Nifty suggests a flat start; US, Asian markets fall

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Market on Monday | Sensex, Nifty flat, FMCG rises on Q1 updates

Benchmark indices ended flat with Nifty hovering around 25,450 as investors turned cautious ahead of likely development around the US-India trade deal expected later this evening.

At close, the Sensex was up 193.42 points or 0.23 percent at 83,432.89, and the Nifty was up 55.7 points or 0.22 percent at 25,461. Broader indices underperformed the main indices with Nifty Midcap index down 0.27 percent, while smallcap index shed 0.4 percent.

Among sectors, FMCG index rose 1.6 percent, oil & gas index gained 0.4 percent, while media index down 1 percent, IT and Metal index down 0.7 percent each.

Tech Mahindra, Bharat Electronics, UltraTech Cement, ONGC, Eternal were among major losers on the Nifty, while losers were HUL, Tata Consumer, Nestle India, Jio Financial and Eicher Motors.