Asian Paints, UltraTech Cement, Bajaj Finserv, Dr Reddy’s, Nestle, Larsen & Toubro, HUL and Axis Bank had been the most important laggards.
Asian Paints, UltraTech Cement, Bajaj Finserv, Dr Reddy’s, Nestle, Larsen & Toubro, HUL and Axis Bank had been the most important laggards.
Markets continued to fall on Monday, with the Sensex declining 94 factors as traders remained cautious amid unabated promoting by international funds and elevated crude oil costs forward of the RBI’s coverage resolution later this week.
The 30-share BSE Sensex declined 93.91 factors or 0.17% to finish at 55,675.32. During the day, it tanked 473.49 factors or 0.84% to 55,295.74.
The broader NSE Nifty fell 14.75 factors or 0.09% to complete at 16,569.55.
“Indian markets opened in negative following mixed Asian market cues. During the afternoon session, markets trimmed their losses and traded in neutral to marginally in green. Markets continued to trade indecisively ahead of the RBI’s monetary policy meet this week,” mentioned Narendra Solanki – Head- Equity Research (Fundamental), Anand Rathi Shares & Stock Brokers.
From the Sensex pack, Asian Paints, UltraTech Cement, Bajaj Finserv, Dr Reddy’s, Nestle, Larsen & Toubro, HUL and Axis Bank had been the most important laggards.
In distinction, Tata Steel, IndusInd Bank, M&M and Kotak Mahindra Bank had been among the many main gainers.
Elsewhere in Asia, markets in Tokyo, Shanghai and Hong Kong ended within the inexperienced.
Bourses in Europe had been buying and selling larger throughout afternoon commerce.
Stock markets within the U.S. had ended decrease on Friday.
Meanwhile, worldwide oil benchmark Brent crude rose 0.61% to $120.4 per barrel.
Foreign institutional traders offloaded shares value a internet ₹3,770.51 crore on Friday, based on inventory alternate knowledge.
Source: www.thehindu.com
