Indian benchmark equity indices were nearly unchanged on Monday amid market volatility. Gains in information technology and financial stocks helped counterbalance worries about weak earnings and foreign capital outflows.

Share prices of HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., State Bank Of India, and Tata Steel Ltd. contributed the most to the gains.

At opening bell, the BSE Sensex was down 418.99 points, or 0.53 per cent, at 79,067; while the Nifty 50 was at 24,036, down 112.10 points, or 0.46 per cent. With Republican candidate Donald Trump emerging as the President-elect of the US,

Indian headline indices dropped over 1% on Thursday, wiping out the gains from the previous session following Donald Trump’s victory in the U.S. presidential election. Analysts cited profit-taking and concerns over foreign investment,