In line with most Asian markets, Sensex and Nifty declined further on Monday, 25 March, owing to weak manufacturing data from the US and Europe, fuelling fresh concerns of global growth slowdown.
Sensex and Nifty also logged the day’s biggest single-day decline of March on Monday as the markets shut for the day, reported BloombergQuint.
Besides this, investor sentiment also took a beating over uncertainty around Brexit and initial weakness in the rupee.
Except for oil and gas and power stocks, all the sectoral stocks logged a steep fall.
The S&P BSE Sensex fell over 450 points or 1.19 percent at 37,711.80, from its previous close of 38,164.61, while the Nifty fell by 127 points to 11,329.40.
Among the top losers on the BSE were Vedanta, HDFC, Kotak Mahindra Bank, Sun Pharma and ICICI Bank.
The gainers were Power Grid, NTPC, ONGC, Coal India and Bajaj Finance.
The Indian equity benchmarks showed a declining trend right before opening on Monday, mirroring their Asian markets amid slowing global economy concerns, BloombergQuint reported.
The S&P BSE Sensex declined as much as 0.71 percent to 37,867.25, while the NSE Nifty 50 fell as much as 0.82 percent to reach 11,360.25 points.
The market breadth was titled in favour of sellers. About 1,190 stocks declined and 644 shares advanced on the National Stock Exchange.
All sector gauges compiled by the NSE declined, led by the NSE Nifty Realty Index's 1.46 percent fall.
(With inputs from BloombergQuint)
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