Indian benchmark indices recovered some losses but remained under pressure on Monday, with the Sensex down nearly 300 points and the Nifty hovering near 24,050.
At 12:40 hours, the 30-share benchmark index was trading at 76978.55 down by -285.96 points or by -0.37 % and then NSE Nifty was at 24064.2 down by -111.45 points or by -0.46 %.
Sensex touched intraday high of 77177.27 and intraday low of 76751.32 The NSE Nifty touched intraday high of 24128.7 and intraday low of 23993.6
The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 1434.60,+0.66%), Mahindra & Mahindra Ltd. (Rs. 3350.40,+0.54%), Bharti Airtel Ltd. (Rs. 1889.00,+0.37%), Bharat Electronics Ltd. (Rs. 412.25,+0.37%), Sun Pharmaceutical Industries Ltd. (Rs. 1926.95,+0.36%), among others.
The top losers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 182.40,-2.04%), NTPC Ltd. (Rs. 324.90,-1.99%), Infosys Ltd. (Rs. 1122.50,-1.85%), InterGlobe Aviation Ltd. (Rs. 5099.80,-1.60%), Adani Ports & Special Economic Zone Ltd. (Rs. 1678.85,-1.54%), among others.
Auto index was at 63825.65 up by 88.45 points or by 0.14%. Tata Motors Ltd. (Rs. 471.00,+1.03%), UNO Minda Ltd. (Rs. 1288.10,+0.98%), Bajaj Auto Ltd. (Rs. 12000.00,+0.67%), Samvardhana Motherson International Ltd. (Rs. 166.35,+0.64%), Mahindra & Mahindra Ltd. (Rs. 3350.40,+0.54%),.
Metal index was at 42196.32 down by -773.03 points or by -1.8%. Hindustan Zinc Ltd. (Rs. 595.60,-4.20%), National Aluminium Company Ltd. (Rs. 380.35,-3.46%), Adani Enterprises Ltd. (Rs. 3074.45,-2.89%), Tata Steel Ltd. (Rs. 182.40,-2.04%), Hindalco Industries Ltd. (Rs. 1016.65,-1.96%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4676 , shares advanced were 1836 while 2541 shares declined and 299 were unchanged.