Benchmark indices BSE Sensex and NSE’s Nifty erased gains in the afternoon trade and closed marginally higher on Monday as investors are cautious ahead of key domestic economic data as well as global events this week. Stocks in Europe and Asia edged higher shrugging off fractious G7 meeting. Moreover, focus shifts to monetary policy review meetings of three major world central banks and historic summit between the leaders of US and North Korea. Meanwhile, domestic investors bought shares worth Rs459.44 crore on net, while foreign investors sold equities to the tune of Rs222.50 crore on Friday, provisional data showed.
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