Sensex, Nifty trade flat as IT gains counter crude oil concerns

Resumen del corpus

The Sensex and Nifty traded flat as gains in IT stocks helped offset pressure from elevated crude oil prices and weakness in broader markets. Concerns over rising crude oil prices, driven by geopolitical tensions, weighed on sentiment. Investors remained cautious, focusing on upcoming heavyweight earnings from companies like Reliance Industries and Sun Pharma, with an expert suggesting the market structure is unfavorable for a rally.