Sensex, Nifty advance on gains in IT, FMCG stocks; PowerGrid up 3%

Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains, despite a positive trend in global markets.

The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green.

The broad-based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.

PowerGrid was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, Asian Paints, Nestlé India and Kotak Mahindra Bank.

TCS rose by 0.83 per cent, while Infosys inched up 0.31 per cent.