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Equity benchmarks opened flat but the broader markets outperformed on Monday, after industrial output and retail inflation data.
The 30-share BSE Sensex was down 4.79 points at 31,090.91 and the 50-share NSE Nifty rose 2.15 points to 9,618.55. About three shares advanced for every share falling on the NSE.
Sugar stocks were in action as Ugar Sugar, Rana Sugar, Shree Renuka Sugars, Bajaj Hindusthan and Balrampur Chini gained 4-8 percent.
Among other midcaps, Ashok Leyland, Delta Corp, PFC, OBC and Syndicate Bank were up 1-2 percent while Bharat Financial was down nearly 1 percent. Vascon Engineers fell 10 percent.
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