BENGALURU, Nov 28 Reuters India39;s bluechip indexes were flat as Tuesday as a rise in Adani and energy stocks offset a fall in information technology IT stocks after a recent rally.

The NSE Nifty 50 index was up 0.06 at 19,807.15 points and the SP BSE Sensex fell 0.06 to 65,932.97, as of 1020 a.m IST.

Nine of the 13 sectors logged gains. Metals gained 1.1, lifted by a jump in Adani Enterprises, which has a 16.43 weightage on the index.

Adani Enterprises and Adani Ports and Special Economic Zone were the top Nifty 50 gainers, rising 7 and 3.6, respectively.

All the Adani group stocks rose between 3 and 15 on the day. The Supreme Court on Friday reserved its judgment in a batch of petitions that sought courtmonitored investigations into allegations made by short seller Hindenburg Research against the group, which it has denied.

Market regulator Securities and Exchange Board of India SEBI said on Friday that it would not seek an extension to complete the probe into the Adani group.

The jump in Adani group stocks is because markets believe that nothing significantly negative has been found against the group by market regulator SEBI in its probe on the Hindenburg allegations, said Avinash Gorakshakar, head of research at Profitmart Securities.

But one cannot be sure how sustainable is this sharp jump seen today, added Gorakshakar

Energy and oil and gas rose nearly 1 each, aided by a moderation in oil prices to near 80 per barrel ahead of a meeting of the…