NEW DELHI, Jun 1: Indian stock markets on Monday fell significantly from the day’s high to close in the red for the fourth straight session.
At close, Sensex was 508.40 points or 0.68percent lower at 74,267.34, while the Nifty ended 165.15 points or 0.7 percent lower at 23,382.60. Sensex fell 1,000 points from the day’s high, while Nifty was trading below the 23,400-mark.
Nearly 1,505 shares advanced, 2,665 shares declined, and 180 shares were unchanged.
In the Nifty pack, Tech Mahindra was the top gainer. Infosys, Tata Consultancy Services, HCL Technologies, and Wipro were up 1.2-4.2percent. Hindustan Unilever, Nestle India, and Tata Consumer Products were among the laggards.
The market capitalisation of BSE-listed companies fell to Rs 460.70 lakh crore from Rs 464.97 lakh crore. Investors lost Rs 4.26 lakh crore in a day.
Among the sectors, the Nifty FMCG index fell 2.45%, while the Nifty Realty index dropped 2%. Nifty PSU Bank, Nifty Consumer Durables, Nifty Chemicals, and Nifty Private Bank were also down more than 1% each.
Nifty IT emerged as the top gainer, surging 2.62 percent.
Over 140 stocks touched their 52-week high on the BSE, including NMDC Steel, Wockhardt, Kirloskar Oil, AIA Engineering, IFCI, Sona BLW, Netweb, Hitachi Energy, among others.
Among the energy players, Suzlon Energy Limited ended 5.4percent lower while OLA Electric Mobility Limited lost 4.7percent of its value.
Among Adani Group stocks, Adani Total Gas Limited and Adani Power Limited declined 5.1percent and 4.6 percent, respectively.
(UNI )
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