Indian equity benchmarks ended tad lower in lackluster trading session on Monday as gain across FMCG, banking and realty space were offset by loss in healthcare, oil&gas, power, utilities, telecom and consumer durables stocks. Sustained fund outflows by foreign portfolio investors (FPIs), falling rupee and concerns over corporate earnings post demonetization further dented market sentiment.
The 30-share barometer index of Bombay Stock Exchange, Sensex closed trade at 26726.55, down by 32.68 points or by 0.12 per cent, and the NSE Nifty ended at 8236.05, down by 7.75 points or by 0.09 per cent.
During the day’s trade, the BSE Sensex touched intraday high of 26860.88 and intraday low of 26701.18, while the NSE Nifty touched intraday high of 8263 and intraday low of 8227.75.
The top losers of the BSE Sensex pack were Dr. Reddy's Laboratories Ltd. (Rs. 3066.00,-3.00%), Oil And Natural Gas Corporation Ltd. (Rs. 198.05,-2.17%), Asian Paints Ltd. (Rs. 910.30,-1.88%), Coal India Ltd. (Rs. 300.05,-1.86%), Power Grid Corporation of India Ltd. (Rs. 185.90,-1.51%), among others.
On the flip side, ITC Ltd. (Rs. 245.80,+1.30%), Tata Consultancy Services Ltd. (Rs. 2303.75,+0.88%), Maruti Suzuki India Ltd. (Rs. 5648.15,+0.62%), Wipro Ltd. (Rs. 472.65,+0.59%), Tata Steel Ltd. (Rs. 422.05,+0.56%), were among top gainers on BSE.
On the sectoral front, oil&gas and healthcare stocks emerged as top losers, falling as much as 0.93 per cent and 0.81 per cent respectively.
The market breadth, indicating the overall strength of the market, was positive. On BSE out of total shares traded 3089, shares advanced were 1678 while 1283 shares declined and 128 were unchanged.