Benchmark indices closed flat with a negative bias on first day of the week due to lack of domestic as well as global cues. All eyes are on quarterly earnings season that will kick start this week with IndusInd Bank, Infosys and TCS. Macro data will also be announced, which will be closely watched especially after currency demonetisation.
The 30-share BSE Sensex was down 32.68 points at 26726.55 and the 50-share NSE Nifty fell 8.70 points to 8235.10 while the broader market outperformed.
About 1567 shares advanced against 1253 declining shares on the BSE.
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