Stock market today: Sensex, Nifty 50 end flat; IT, banking stocks shine

Indian frontline indices ended flat on Monday, with the Sensex closing 47 points higher at 77,616.40 and Nifty 50 gaining 4 points at 24,211, after recovering from an intraday fall of over 700 points. Gains in select IT and banking heavyweights helped offset negative sentiment, while Brent crude prices rose 3 percent amid escalating Iran-US tensions in the Middle East and concerns over energy shipments through the Strait of Hormuz.