Benchmark indices Sensex and Nifty continued to trade lower on Monday, tracking a sharp decline in global markets after the US announced an additional 100 per cent tariff on Chinese goods effective November 1.
At 11:40 hours, the 30-share benchmark index was trading at 82206.21 down by -294.61 points or by -0.36 % and then NSE Nifty was at 25180.65 down by -104.7 points or by -0.41 %.
Sensex touched intraday high of 82329.5 and intraday low of 82043.14 The NSE Nifty touched intraday high of 25241.95 and intraday low of 25152.3
The top gainers of the BSE Sensex pack were Adani Ports & Special Economic Zone Ltd. (Rs. 1428.95,+1.42%), Bajaj Finance Ltd. (Rs. 1033.90,+1.00%), Bajaj Finserv Ltd. (Rs. 2015.85,+0.58%), State Bank of India (Rs. 885.60,+0.55%), Axis Bank Ltd. (Rs. 1185.80,+0.48%), among others.
The top losers of the BSE Sensex pack were Infosys Ltd. (Rs. 1485.95,-1.87%), Tata Motors Ltd. (Rs. 668.10,-1.61%), Mahindra & Mahindra Ltd. (Rs. 1441.00,-1.12%), Nestle India Ltd. (Rs. 1186.45,-1.11%), Hindustan Unilever Ltd. (Rs. 2502.50,-1.05%), among others.
Bankex index was at 63970.42 up by 97.84 points or by 0.15%. Federal Bank Ltd. (Rs. 212.25,+1.58%), State Bank of India (Rs. 885.60,+0.55%), Axis Bank Ltd. (Rs. 1185.80,+0.48%), YES Bank Ltd. (Rs. 24.09,+0.33%), Bank of Baroda (Rs. 267.50,+0.22%),.
_IT index was at 34499.36 down by -485.92 points or by -1.39%. BLS E-Services Ltd. (Rs. 169.95,-7.79%), InfoBeans Technologies Ltd. (Rs. 480.65,-4.34%), Zaggle Prepaid Ocean Services Ltd. (Rs. 347.55,-3.49%), RateGain Travel Technologies Ltd. (Rs. 659.95,-3.43%), Magellanic Cloud Ltd. (Rs. 73.36,-3.42%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4358 , shares advanced were 1563 while 2604 shares declined and 191 were unchanged.