Here is a look at how the markets fared on Monday.
The NSE Nifty 50 ended 78.9 points, or 0.3% lower at 23,453.80 and the BSE Sensex closed 241.3 points, or 0.3% down at 77,339.01.
Tata Consultancy Services Ltd., Bharat Petroleum Corp. and Infosys Ltd., dragged the Nifty the most.
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Hindalco Industries Ltd., Hero Motocorp Ltd. and Tata Steel Ltd. contributed the most to the Nifty's gains.
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On NSE, sectors ended on a mixed note, with Nifty Metal rising the most followed by Nifty FMCG. Nifty Oil and Gas crashed the most after Nifty IT.
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Broader markets ended lower on Monday. The BSE Midcap outperformed benchmark indices and settled 0.17% down. The Smallcap indices settled 0.69% down to underperform the benchmarks.
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The market breadth was skewed in the favour of the sellers, as 1,627 stocks advanced, 2,470 declined and 127 remained unchanged on the BSE.
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The Indian rupee closed flat against the US Dollar at Rs 84.39.
Photo Credit: Radhakisan Raswe/ Source: NDTV Profit