Explorer

Stock Market: Sensex Slips 216 Points, Nifty Ends At 18,755. PSU Banks Lead, Realty Drags

Stock update: On the 30-share Sensex platform, Kotak Bank, Axis Bank, NTPC, HUL, ICICI Banks, Airtel were the prime losers on the bourses, down between 1 per cent and 4 per cent

The two key equity benchmarks, Sensex and Nifty, on Monday closed in the red in a volatile session. The two indices in the morning missed touching record high levels by a whisker as investors booked profit at higher level. The S&P BSE Sensex, which hit a high of 63,574.69 during the day eventually settled at 63,168, down 216 points. On the other hand, the NSE Nifty, after hitting an intra-day high of 18,881.45, ended at 18,755, down 71 points.

On the 30-share Sensex platform, Kotak Bank, Axis Bank, NTPC, HUL, ICICI Banks, Airtel were the prime losers on the bourses, down between 1 per cent and 4 per cent. On the flip side, Bajaj twins, TechM, Sun Pharma, TCS, Titan emerged gainers.

In the broader markets, the BSE Midcap index dipped 0.08 per cent, while the BSE Smallcap index added 0.24 per cent.

Sectorwise, auto, bank, realty, power, capital goods, realty, and FMCG down 0.5 per cent each. The Nifty Private Bank index also dropped about 1 per cent, while PSU bank index rose 1 per cent and IT stocks added 0.4 per cent.

In the previous session on Friday, the BSE benchmark ended with a gain of 467 points or 0.74 per cent at 63,385, while the NSE Nifty 50 settled 138 points or 0.74 per cent higher at 18,826.

"Global shares drifted lower on Monday, as investors were left disappointed by a lack of policy announcements from China post a State Council meeting on Friday aimed at kickstarting the ailing economy.c Investors also awaited testimony from US Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets," said Deepak Jasani, Head of Retail Research, HDFC Securities.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower. European equity markets were trading in negative territory. The US markets ended lower on Friday.

Global oil benchmark Brent crude declined 0.38 per cent to $76.31 a barrel.

Foreign Institutional Investors (FIIs) bought equities worth Rs 794.78 crore on Friday, according to exchange data.

Meanehile, the rupee depreciated by 3 paise to close at 81.93 against the US dollar on Monday amid strong American currency against major rivals overseas. However, the inflow of foreign funds into local equities and a downward trend in crude price capped the fall in the domestic unit, forex traders said.

At the interbank foreign exchange, the domestic unit opened lower at 81.93 and moved in the range of 82.01 to 81.90 during intra-day. The unit settled at 81.93 (provisional) against the US dollar, reflecting a gain of 3 paise over the previous close. On Friday, the rupee settled at 81.90 against the dollar.

View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Phil Salt
₹11.50 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.50 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.50 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Bangladesh: 1 Dead, 10 Injured As Clash Breaks Out In Chattogram Court Area After Chinmoy Das’s Arrest
Bangladesh: 1 Dead, 10 Injured As Clash Breaks Out In Chattogram Court Area After Chinmoy Das’s Arrest
27 Arrested, CCTV Being Scanned, List Of 100 'Miscreants' Prepared: Police On Sambhal Violence
27 Arrested, CCTV Being Scanned, List Of 100 'Miscreants' Prepared: Police On Sambhal Violence
'Came Here For Blessings': Jharkhand CM-Designate Hemant Soren On Meeting Amit Shah, PM Modi
'Came Here For Blessings': Jharkhand CM-Designate Hemant Soren On Meeting Amit Shah, PM Modi
‘Tried To Be Within Maryaada, Didn’t Do Any Encroachment’: PM Modi Quips At Supreme Court Constitution Day Event
‘Tried To Be Within Maryaada, Didn’t Do Any Encroachment’: PM Modi Quips At Constitution Day Event
Advertisement
ABP Premium

Videos

FIR Filed Against Sambhal MP Ziaur Rahman, Statement Released Amidst ControversyFIR Filed Against Sambhal MP Ziaur Rahman and Local MLA's Son in Controversial CaseSambhal Violence Sparks Political Firestorm, Congress MP Imran Masood's Strong Remarks | ABP NewsBreaking News: SP Leader Ram Gopal Yadav Reacts to Sambhal Violence | ABP News

Photo Gallery

Embed widget