Extending their losing streak to the third session in a row, the domestic stock market ended lower on Monday.
All that happened in markets today.
The Nifty Auto index hitting a three-year low on Friday. Thus far in the calendar year 2019, auto index slipped 21 per cent, against 5 per cent rise in the benchmark index
In the broader market, S&P BSE MidCap closed 285 points, or 2 per cent, lower at 14,078 level while the S&P BSE SmallCap slipped 248 points, or 1.83 per cent, at 13,310 levels.
Sectorally, PSU Banks slipped the most with the index closing 3.18 per cent lower. This was followed by Nifty Auto index (down 2.74 per cent) and Nifty Metal index (down 2.46 per cent)
Heavy selling was witnessed across the board with stocks of public sector banks, automobiles and metals slipping the most.
In the broader market, the S&P BSE MidCap ended at 14,542 levels, down 22 points, or 0.15 per cent. The S&P BSE SmallCap too ended 10 points, or 0.07 per cent lower at 13,716 levels
Sectorally, PSU banks were the biggest gainers with the Nifty PSU Bank index closing 1.36 per cent higher
The indices touched intra-day highs of 39,174 level at the Sensex and 11,670 level at the Nifty50
The indices touched intra-day highs of 39,174 level at the Sensex and 11,670 level at the Nifty50.
Infosys reacted to the Q1FY20 results announced post market hours on Friday, with the stock rising over 7 per cent to close at Rs 779 levels on the NSE
In the broader market, the S&P BSE MidCap settled 88 points, or 0.61 per cent, lower at 14,466 levels while the S&P BSE SmallCap closed 87 points, or 0.63 per cent, lower at 13,689 levels.
Sectorally, banking, financial services and FMCG counters were under pressure. The Nifty Bank index closed 0.37 per cent lower followed by Nifty Financial Services index, down 0.29 per cent
Among gainers, Nifty metals, pharma and realty counters were up between 0.4-0.7 per cent.
Sectorally, all the indices ended in the green. Nifty Auto and PSU Bank indices ended 1.86 per cent and 1.72 per cent higher respectively
Sectorally, all the indices, except Nifty Private Bank index, closed in the red. Nifty auto, metals, PSU bank and realty counters closed nearly 1.5 per cent lower each
The Sensex hit an intra-day low of 38,436, down 285 points, while the Nifty50 skid 98 points to touch 11,461 mark
The Sensex hit an intra-day low of 38,436, down 285 points, while the Nifty50 skid 98 points to touch 11,461 mark.
Sectorally, public sector banks (PSU banks) took the biggest knock with the Nifty PSU Bank index settling nearly 6 per cent lower
Sectorally, all the indices ended in the red except Nifty PSU bank and Nifty Bank index that gained after the finance minister announced that the govt will pump in Rs 70,000 crore into PSBs