FINAL TRADE | Equity indices end with mild gains; Nifty closes at 25,384; NTPC rises over 2%

Domestic equity benchmarks registered mild gains on Monday, amid buying interest in financial stocks though selling pressure in FMCG shares limited the upside. Both headline indices finished the day with gains of 0.1 per cent, with the Sensex adding 97.8 points to end at 82,988.8 and the Nifty50 rising 27.3 points to 25,383.8. 

Sectorally, the session ended on a mixed note, with metal and consumer durable stocks ending with the most gains. From the Nifty pack, NTPC, Hindalco, JSW Steel, Shriram Finance, and Larsen and Toubro (L&T) were among the top gainers, while the laggards included stocks like the Bajaj twins, HUL, SBI Life Insurance, and Britannia.

Vinod Nair, Head of Research, Geojit Financial Services said, "The domestic market traded in a narrow range with a positive bias as the participants are keenly awaiting the FEDs decision this week. The weakness in the US job market and benign inflation are pointing at a slew of rate cuts on the table. The inflow of foreign money and an expectation of stability in domestic growth may keep sentiment optimistic."

Global markets

European markets meanwhile traded mixed at the commencement of a data-packed week as the foicus is primarily on the Federal Reserve expected to begin its long-waited easing cycle.

The pan-European STOXX 600 index (.STOXX) traded higher by 0.014 per cent.

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