Stocks in Focus: GIFT Nifty traded flat at 19,435 up merely 8 points or 0.04%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously on Friday, the NSE Nifty 50 advanced 97.35 points or 0.51% to settle at 19,230.60, while the BSE Sensex added as much as 282.88 points to 64,363.78.

“The Indian market is resurging amidst a drop in investors’ anxiety as Nifty VIX contracts generously. The optimism is buoyed by firm global clues, steady macro-economic data and strong domestic corporate earnings. Clues that FED is unlikely to hike rates in the future and modest decline in oil prices are adding to the optimism. While the ongoing Q2 results explore healthy expansion in Indian operating margin, leading to …