Sensex Off Day’S High, Nifty50 Near 16,450; Auto, Metal Stocks Drop

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Stock Market LIVE Updates: Indian equity benchmarks Sensex and Nifty50 gave up most of their initial gains on Monday amid selling pressure in automobile and metal stocks. Sharp gains in IT shares kept investors optimistic. However, broader markets underperformed the headline indices. NSE’s India VIX index — which tracks the expectation of volatility in the near term — eased as much as 1 percent.

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First Published:  IST

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