The Indian equities ended tad lower on Monday on sustained selling by foreign portfolio investors and funds, tracking weak trend from fellow Asian peers, as sentiment remained fragile after the US Federal Reserve raised interest rate. Lack of any major cues from domestic or global front also kept investors sidelined.
The 30-share benchmark index closed trade at 26374.7, down by 114.86 points or by 0.43 per cent, and the NSE Nifty was at 8104.35, down by 35.1 points or by 0.43 per cent.
During the day’s trade, the BSE Sensex touched intraday high of 26505.66 and intraday low of 26340.38, while the NSE Nifty touched intraday high of 8132.5 and intraday low of 8094.85.
The top losers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 879.70,-2.35%), Sun Pharmaceutical Industries Ltd. (Rs. 632.20,-2.30%), Housing Development Finance Corporation Ltd. (Rs. 1250.25,-1.58%), Bharti Airtel Ltd. (Rs. 305.10,-1.56%), Adani Ports & Special Economic Zone Ltd. (Rs. 276.40,-1.32%), among others.
On the flip side, GAIL (India) Ltd. (Rs. 424.35,+2.23%), ICICI Bank Ltd. (Rs. 256.90,+0.51%), Reliance Industries Ltd. (Rs. 1062.15,+0.43%), Cipla Ltd. (Rs. 568.45,+0.43%), Lupin Ltd. (Rs. 1474.70,+0.42%), were among top gainers on BSE.
On the sectoral front, consumer durables and healthcare stocks emerged as top losers, falling as much as 1.24 per cent and 0.85 per cent respectively.
The market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2970, shares advanced were 1166 while 1635 shares declined and 169 were unchanged.