ALSO READTop trading ideas: Buy Sun Pharma, Maruti Suzuki and Tata Motors Sensex ends 152 points lower, Nifty below 9,600 as investors book profits Sensex settles volatile session in red, Nifty ends flat on profit-booking Tata Motors, Ashok Leyland dealerships offer steep discounts on trucks Nifty outlook and four stock picks for today's trade by Devang Shah
Auto and consumer durable stocks played a key role in driving the Sensex to a fresh record of 33,731 on Monday, but oil prices remained on the boil, keeping a lid on any further upmove. The NSE Nifty slid from its record and ended flat, after profits went off the table. The Sensex reached a new peak during the day, but lost its grip before settling at 33,731.19 — a fresh closing high — up 45.63 points, or 0.14 per cent.
It breached the previous closing record of 33,685.56. The gauge had gained 112.34 points in the previous session on Friday.As for the 50-issue NSE Nifty, it was an intra-day record, but finished almost at its previous level, down 0.70 point, or 0.01 per cent, at 10,451.80. The gauge had closed at a record 10,452.50 on November 3. Auto stocks such as Tata Motors, Maruti Suzuki, Ashok Leyland and TVS Motors were in fast lane, rallying by up to 3.28 per cent.