Stock Market Today: Sensex and Nifty 50 Close Flat; Reliance Shares Hit Record High

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In today's stock market, the Sensex and Nifty 50 ended flat as the tug of war between bulls and bears persisted. Investors continued to buy stocks with attractive valuations while booking profits in those trading at a premium.

On Monday, July 8, Indian stock market benchmarks—the Sensex and the Nifty 50—closed flat. Gains in heavyweight stocks like ITC, Reliance Industries, ONGC, and Infosys were balanced out by losses in HDFC Bank, Titan, and Mahindra and Mahindra, amid mixed global cues.

Despite the overall flat performance, Reliance Industries' share price reached a fresh record high, underscoring investor confidence in the company.

The ongoing struggle between bullish and bearish sentiment kept the market in equilibrium, as traders sought to capitalize on undervalued stocks while realizing gains on premium-priced shares.

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