Indian stock markets turned unresponsive on Monday’s closing, regardless of a sharp upside and positive closure in the last weekend. The Sensitive index of BSE ended lower by 219.25 points to 35,470.35, while the broader Nifty 50 fell 59.40 points to close at 10,762.45.
Barring IT and teck, all the sectoral indices on BSE fell with industrials, oil & gas, capital goods, realty, auto, power and energy fell over 1 percent.
Tata Motors, ICICI Bank, Coal India and Larsen and Toubro were among the major losers, whereas Infosys, Vedanta, Kotak Mahindra Bank and IndusInd Bank were among the top gainers on BSE.
Nifty Auto index which plunged 1.61% is the top sectoral loser. Tata Motors which is a constituent of Nifty50 has tumbled nearly 6.31% and was the top loser in both the indices on Monday. Tata Motors DVR recorded a fall of 7.62% as the top lower on Nifty Auto Index.
BASF India Ltd clocked volume of over 1.57 lakh shares on NSE. The stock fell 0.90% to Rs. 1,960.00.
Procter & Gamble Hygiene and Health Care Limited drops for fifth consecutive session on NSE. The stock ended at Rs 9,882.00, down 0.63% on the NSE.
Union Bank of India ended at Rs 82.15, down 4.20% on NSE. It has tumbled 41.51% in last one year with reference to a 13.5 percent rally in Nifty and a 12.35 percent decline in the Nifty PSU Bank index.
Commodity: Gold added Rs 50 to Rs 31,650 per 10 gram at the bullion market Monday on constant buying by local jewellers in spite a weak trend overseas whereas Silver fell Rs 100 to Rs 40,900 per kg on limited off-take by industrial units and coin makers.