Mumbai, Aug. 10 -- The key equity benchmarks ended with modest gains on Monday as investors assessed a slew of Q1 FY27 earnings. Market sentiment remained cautious following the introduction of the Closing Auction Session (CAS) mechanism last week, which had triggered heightened volatility during the final minutes of trading.

Investors also kept a close watch on developments surrounding the US-Iran conflict and the progress of the monsoon. Persistent geopolitical uncertainty and its potential impact on crude oil prices kept sentiment subdued and limited the upside.

The Nifty closed above the 24,550 mark, supported by gains in private banks and consumer durables stocks. However, weakness in PSU banks and oil & gas shares capped the marke...