Share benchmark indices ended the day from flat to negative note on Monday, based on weak global cues amidst concerns over a possibly long global trade war between the U.S and China. Markets turned range-bound with Nifty ending the session 17.85 points lower at 10,799.85 while the BSE Sensex closed lower by 73.88 points to 35,548.26, on Monday.
Oil marketing companies were the major performers in trade today with HPCL managing to close 5.19 percent higher, IOC and BCPL added 2.46 percent after Brent crude oil prices fell below USD 73 per barrel to a two-month low.
Stocks in Metal, capital goods and consumer durables saw heavy selling through the day whereas by strong buying activity in oil and gas, banking and auto stocks.
On the NSE, Hindustan Petroleum (HCPL), ICICI Bank and Indian Oil Corp and Dr. Reddys were the highest gainers while Hindalco Industries, Vedanta Bharti Airtel and Kota Bank lost the most.
The midcap and Smallcap shares under-performed their counterparts as the Nifty Midcap-100 and Nifty Smallcap100 indices fell 0.3 percent and 0.8 percent respectively.