Sensex, Nifty eke out gains; energy, IT stocks save the day

Benchmark indices Sensex and Nifty eke out gains on Monday after two sessions of decline as investors snapped up energy, IT and pharma shares. After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07 per cent higher at 50,441.07. Intraday, the index rose as much as 667 points, but pared most of its gains tracking weakness in global markets.Benchmark indices Sensex and Nifty eke out gains on Monday after two sessions of decline as investors snapped up energy, IT and pharma shares. After fighting multiple bouts of volatility during the session, the BSE gauge Sensex settled 35.75 points or 0.07 per cent higher at 50,441.07. Intraday, the index rose as much as 667 points, but pared most of its gains tracking weakness in global markets.