BENGALURU, Sept 27 (Reuters) - Indian shares closed little
changed on Monday as gains among automotive and energy sectors
countered losses in technology stocks, while the country's
biggest cinema chain operators surged on easing of COVID-19
restrictions in theatres.
The blue-chip NSE Nifty 50 index ended 0.01% higher
at 17,855.1 and the benchmark S&P BSE Sensex rose 0.05%
to 60,077.88. The BSE Sensex had hit a record high during the
The indexes flitted between positive and negative
territories during the session, pushing the Nifty's volatility
index up more than 6%. Still, shares hovered near
all-time highs on continued boost from a fast-paced vaccination
drive and optimism around the upcoming festive season.
Cinema chain operators PVR Ltd and INOX Leisure
jumped about 6% and 8%, respectively, as the states of
Maharashtra and Karnataka eased COVID-19-led curbs on movie
Auto stocks rose over 3% to drive gains on the
index. They gained for a fourth straight session, with Maruti
Suzuki and Tata Motors jumping about 6% and
Technology stocks fell nearly 3% to snap four
straight sessions of gains, with HCL Technologies
dropping over 4% to be the biggest loser on the Nifty 50 index.
Energy shares were up more than 1%, with
state-owned gas explorer Oil and Natural Gas Corp
advancing over 2.5%. The sector benefited from a rise in oil
Data showed on Friday India's crude oil imports rose to a
three-month peak in August, in anticipation of higher demand
during the festive season.
Real estate stocks jumped about 3%, marking a
fifth straight day of gain. Prestige Estates Projects
(Reporting by Soumyajit Saha in Bengaluru; editing by