RIL, HDFC twins drag Sensex by 124 points, Nifty ends below 15,850
In Asian markets, Shanghai, Hong Kong and Seoul ended with significant losses, while Tokyo closed in the green
Equity benchmarks closed in the red in a volatile session on Monday amid a negative trend in the global markets. Sensex declined over 120 points, tracking losses in index heavyweights Reliance, SBI and HDFC twins. The 30-share BSE index ended 123.53 points or 0.23% lower at 52,852.27, while the broader NSE Nifty slipped 31.60 points or 0.20% to 15,824.45.
SBI, falling over 1%, was the top loser in the Sensex pack followed by Reliance Industries, Tech Mahindra, M&M, L&T, Bharti Airtel, IndusInd Bank and HDFC. On the other hand, Bajaj Finserv, UltraTech Cement, Sun Pharma, Titan, Tata Steel and Kotak Bank were among the gainers.
In Asian markets, Shanghai, Hong Kong and Seoul ended with significant losses, while Tokyo closed in the green. Equities in Europe were trading on a negative note in the mid-session deals.
#MarketClosing: Markets end with a quarter percent cut on profit booking in RIL, auto stocks. @SakshiBatra18 rounds up the top takeaways of the #stockmarket action of the day. #stockstoday https://t.co/fynzSkJX5R
— Money9 (@Money9Live) July 26, 2021
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