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 India enters ‘defining phase’ in electronics manufacturing as global value chains shift: ICEA

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

Read More Govt approved 25 lakh additional LPG connections under PMUY

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

Read More Ford CEO Hails Rollback of Biden-Era Fuel Economy Rules as a Win for “Common Sense and Affordability”

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

Government’s International Cooperation Scheme Expands Global Opportunities for Indian MSMEs Government’s International Cooperation Scheme Expands Global Opportunities for Indian MSMEs
The Ministry of MSME has outlined key features of its International Cooperation Scheme, offering up to 95% financial assistance for...
IndiGo says on way to operate over 1,500 flights by end of day after network reboot
ED files chargesheet against Reliance Power, 10 others in fake bank guarantee case

Live Cricket Score

Advertisement

Science & Tech

Global outage hits Cloudflare again, disrupting major websites Global outage hits Cloudflare again, disrupting major websites
Users worldwide were left grappling with widespread internet disruptions on Friday after Cloudflare — a range of internet services provider...
India's smartphone exports to US jump over 300 pc in October

Health

India needs more skilled surgeons for revision knee, hip replacement surgeries, say experts India needs more skilled surgeons for revision knee, hip replacement surgeries, say experts
With a rise in the ageing population in India and failing artificial joints, the demand for skilled surgeons for revision...
India can help tackle digital inequality, build an inclusive AI future for world: UNDP

Lifestyle

Last full moon of 2025 tonight: Margashirsha Purnima rituals for wealth and harmony Last full moon of 2025 tonight: Margashirsha Purnima rituals for wealth and harmony
Purnima, the full moon day, is of great significance in Hinduism. It is the day when Hindus pray to the...
International Cheetah Day 2025: 7 wildlife safaris around the world for big-cat lovers
crossorigin="anonymous">