Sensex and Nifty end a three-day losing streak.

In choppy trading on Monday, Indian equities indices ended a three-day losing streak while taking conflicting cues from their Asian counterparts.

Advertisement

In choppy trading on Monday, Indian equities indices ended a three-day losing streak while taking conflicting cues from their Asian counterparts. As gains in consumer, banking, and financial equities offset losses in metal, technology, and energy companies, the domestic indices rose during the late trades.

The wide NSE Nifty gained 83 points or 0.53 percent higher to conclude at 15,835, while the 30-share BSE Sensex increased 327 points or 0.62 percent down to close at 53,235 today. The Sensex fluctuated today in a zone of 627 points.

Mid- and small-capitalization equities ended the day strongly, with the Nifty Midcap 100 rising 0.69 percent and the small-cap index rising 0.64 percent.

Advertisement

The National Stock Exchange’s 15 sector gauges, which were nine of them, finished in the black. The NSE platform was outperformed by the sub-indices Nifty FMCG, Nifty Consumer Durables, Nifty Bank, and Nifty Financial Services, which saw increases of up to 2.66 percent, 0.77 percent, 1.20 percent, and 0.93 percent, respectively.

Nifty Metal, Nifty IT, and Nifty Oil & Gas, on the other hand, displayed weakness by decreasing by as much as 0.99, 0.62, and 0.41 percent, respectively.

Hindustan Unilever was the top Nifty gainer among individual stocks, up 3.84 percent to ₹2,370. Other winners included IndusInd Bank, Britannia, ITC, and ICICI Bank.

A positive market breadth was observed overall, with 2,026 shares rising and 1,360 falling on the BSE.

With their shares rising as much as 3.78 percent, HUL, IndusInd Bank, ITC, ICICI Bank, PowerGrid, SBI, Axis Bank, Bharti Airtel, HCL Tech, NTPC, Titan, and Nestle India were among the top gainers on the 30-share BSE index.

Additionally, shares of Life Insurance Corporation of India (LIC), the largest domestic financial investor and insurer in the nation, increased 2.33 percent to close at ₹692.50.

TCS, Tata Steel, M&M, Dr. Reddy’s, Tech Mahindra, and Wipro, on the other hand, had negative results.