Mumbai, Oct. 6 (IANS) Indian stock markets opened flat on Monday. The Sensex was down 10 points at 81,196 and the Nifty was up 8 points at 24,902 in early trade .
Banking stocks led the market higher— Nifty Bank rose 187 points (0.34%) to 55,776. The IT, PSU Bank, Financial Services, Private Bank, and Services indices were also in the green. Auto, Pharma, FMCG, Metal, Energy, and Infra sectors declined.
Top gainers included Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank, Axis Bank, HCL Tech, TCS, ICICI Bank, Sun Pharma, Infosys, and Eternal (Zomato).
Top losers were Tata Steel, Power Grid, Titan, Tata Motors, NTPC, and HUL.
Midcap and smallcap indexes also saw mild positive movement.
Experts say investor sentiment is improving due to a growth-oriented monetary policy , but FII selling is posing challenges. Developments on the US-India trade deal could determine market direction in the coming days.
Asian markets are mixed — Tokyo and Jakarta are up, while Hong Kong and Bangkok are in the red.
US markets also had a mixed close on Friday.
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