Equity benchmarks closed flat with a negative bias on Monday after showing nearly 250-point recovery on the Sensex in last couple hours of trade. The recovery was largely led by short covering in financials and further buying in metals & technology shares.The Sensex fell 20.85 points to 19895.10 while the Nifty, which managed to hold the 5900 level, declined 1.15 points to 5906.15. However, the broader markets outperformed benchmarks.
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