Market ends flat after FM announces steps to boost demand; ITC gains 3%

 Market ends flat after FM announces steps to boost demand; ITC gains 3%

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Paring the day’s gains, the benchmark indices ended flat with a positive bias on Monday as the government’s stimulus measures to boost demand failed to cheer investors. Finance Minister, Nirmala Sitharaman, today announced the government’s two-pronged move to boost capital expenditure and stimulate consumer demand.
The S&P BSE Sensex ended 84 points, or 0.21 per cent higher at 40,594 levels while NSE’s Nifty settled at 11,931, up 17 points, or 0.14 per cent. India VIX gained over 3.6 per cent to 21.12 levels.

In the broader market, the S&P BSE MidCap index slipped 0.48 per cent while the S&P BSE SmallCap index ended 0.4 per cent lower.

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