Markets fall for second day amid sell-off in auto, commodity stocks

Markets fall for second day amid sell-off in auto, commodity stocks

Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Monday as investors offloaded auto, utility and commodity stocks amid fresh foreign fund outflows.

In a volatile trade, the 30-share BSE Sensex declined 139.58 points or 0.21 per cent to settle at 65,655.15. During the day, it fell 246.93 points or 0.37 per cent to 65,547.80.

The Nifty slipped 37.80 points or 0.19 per cent to 19,694.

Among the Sensex firms, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Bajaj Finserv, Asian Paints, Hindustan Unilever, Tata Motors and JSW Steel were the major laggards.

Read More Phoenix Palladium Redefines Luxury Retail in India with an Experience-Driven Destination for Shopping, Dining and Entertainment

Bharti Airtel, Wipro, HCL Technologies, Tech Mahindra, Tata Consultancy Services and Maruti were among the gainers.

Read More Glow by Kirtilals Unveils Frill Collection of Natural Diamond Jewellery With Launch Offers

In Asian markets, Seoul, Shanghai and Hong Kong settled in the green, while Tokyo ended lower.

Read More Prayag Hospital Saves Patient’s Hand With Emergency Forearm Surgery After Severe Injury

European markets were trading on a mixed note. The US markets ended with marginal gains on Friday.

Global oil benchmark Brent crude climbed 0.74 per cent to $81.21 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 477.76 crore on Friday, according to exchange data.

The BSE benchmark declined 187.75 points or 0.28 per cent to settle at 65,794.73 on Friday. The Nifty slipped 33.40 points or 0.17 per cent to 19,731.80.  

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

BMW Unveils New-Gen X5 LWB and iX5 for China, India Launch of X5 LWB Reportedly Likely BMW Unveils New-Gen X5 LWB and iX5 for China, India Launch of X5 LWB Reportedly Likely
BMW has unveiled the new-generation X5 LWB and electric iX5 for the Chinese market. Built on the Neue Klasse platform,...
Delhi Police Await Govt Order on Jantar Mantar Protest Cases, Journalists' FIRs to Stay
Bombay High Court Allows Nitin Gadkari to Sue Social Media Platforms Over E20 Claims

Live Cricket Score

Advertisement

Science & Tech

Honda Unveils Rebel 300 and Locally Manufactured Rebel 500 for India, Introduces E-Clutch Technology Honda Unveils Rebel 300 and Locally Manufactured Rebel 500 for India, Introduces E-Clutch Technology
Honda has unveiled the Rebel 300 and a locally manufactured Rebel 500 for India as part of its 10-motorcycle lineup....
India Eases Foreign Investment Rules for E-Commerce Export Operations, Delivering Major Boost to Amazon and Global Retail Expansion

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

 Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards
Food influencer Revant Himatsingka, known as Food Pharmer, has sparked nationwide debate after revealing Cheeslings’ low cheese content and high...
From Gym Floor to City Streets: The Unexpected Revival of the Lopifit Treadmill-Bike
crossorigin="anonymous">