The stock market on Monday failed to build on opening gains and ended lower for the seventh consecutive session. The Nifty closed near the 24,650 mark, reflecting cautious investor sentiment.

At the close, the BSE Sensex fell 61.52 points, or 0.08%, to 80,364.94, while the NSE Nifty dipped 19.80 points, or 0.08%, to 24,634.90.

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The BSE Midcap index rose 0.3%, while smallcap index saw a marginal decline.

Among the sectors, Nifty PSU Bank ended with a stellar gain of 1.78%, followed by Nifty Oil and Gas, which rose 1.35%. Nifty Realty gained 0.88% while the Nifty Bank index climbed 0.13%.

On the Nifty50, the top gainers were IndusInd Bank up by 3.07%, Titan Company up by 2.70%, and Hindalco Industries up by 1.65%. Conversely, Maruti Suzuki India fell 1.76%, Axis Bank droppe

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