Sensex and the Nifty ended higher for a third straight session on Monday, driven by gains in IT and financial stocks, with TCS crossing USD 100 billion in the M-Cap.
TCS shares ended down 0.26% after hitting a record high earlier in the session. Shares of HDFC Bank were down 1.42% at Rs 1,933.05 on BSE. Following the fall in the share prices, the stock of HDFC Bank alone erased about 58 points from Sensex.
Nifty IT index gained 0.74 percent with Tata Elxsi, Mindtree, HCL Tech, KIPT, and Infosys, while Wiwpro, Infibeam, Oracle Financial Services, TCS and Tech Mahindra fell in Nifty IT index.
Meanwhile, gold price fell by Rs 140 to Rs 32,310 per ten grams at the bullion market, New Delhi. Besides, price of crude oil dipped a little on the back of rising U.S borrowing costs.