Benchmark indices reversed their early gains and traded lower in afternoon trade on Monday, with weakness in heavyweight banking and select large-cap stocks weighing on the frontline indices.

Nifty opens higher led by Infosys and Hindalco, while IT and Pharma sectors face losses amid mixed global sentiment.

Benchmark indices reversed their early gains and traded lower in afternoon trade on Monday, with weakness in heavyweight banking and select large-cap stocks weighing on the…