The Indian equity benchmark indices opened flat on Monday with gains coming in from Maruti Suzuki and media stocks. At 9:18 am, the Sensex was trading 39.60 points or 0.10 percent lower at 40,406.09, while the Nifty50 index traded 18.50 points or 0.16 percent lower at 11,905.25.
Nifty Media remained the top-performing index, rising 0.94 percent while the Nifty PSU Bank index declined the most, down 0.43 percent.
Zee Entertainment, Maruti Suzuki, Hindalco, Vedanta, and Tata Steel were the top gainers of the Nifty50 index, while Bharti Infratel, Bajaj Finance, GAIL, ITC, and Hindustan Unilever were the top losers.
Maruti Suzuki gained nearly 2 percent after the automaker increased production in November by 4.33 percent, having earlier reduced output for nine straight months due to lower demand. It produced a total of 141,834 units in November as against 135,946 units in the same month last year.
Meanwhile, Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong US jobs data although regional gains were capped by concerns about China's economy due to the prolonged China-US trade war.
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