Benchmark indices Sensex and Nifty tumbled on Monday, dragged by heavy selling in blue-chip HDFC Bank and a sharp spike in crude oil prices due to the ongoing tensions between the US and Iran.
At 10:30 hours, the 30-share benchmark index was trading at 77689.01 down by -462.44 points or by -0.59 % and then NSE Nifty was at 24209.95 down by -124.35 points or by -0.51 %.
Sensex touched intraday high of 78151.45 and intraday low of 77444.79 The NSE Nifty touched intraday high of 24262.35 and intraday low of 24149.9
The top gainers of the BSE Sensex pack were Trent Ltd. (Rs. 2924.00,+2.90%), NTPC Ltd. (Rs. 347.70,+1.73%), Power Grid Corporation of India Ltd. (Rs. 288.00,+1.53%), Bharti Airtel Ltd. (Rs. 1932.70,+1.25%), ICICI Bank Ltd. (Rs. 1457.20,+1.06%), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 1267.20,-4.65%), HDFC Bank Ltd. (Rs. 785.00,-4.23%), Kotak Mahindra Bank Ltd. (Rs. 379.80,-2.58%), Maruti Suzuki India Ltd. (Rs. 13623.75,-1.34%), InterGlobe Aviation Ltd. (Rs. 5183.50,-1.24%), among others.
Power index was at 7886.56 up by 100.08 points or by 1.29%. Torrent Power Ltd. (Rs. 1426.90,+2.68%), JSW Energy Ltd. (Rs. 554.35,+2.47%), Suzlon Energy Ltd. (Rs. 53.06,+2.02%), GE Vernova T&D India Ltd. (Rs. 4465.00,+1.75%), NTPC Ltd. (Rs. 347.70,+1.73%),.
Bankex index was at 65518.35 down by -676.24 points or by -1.02%. Axis Bank Ltd. (Rs. 1267.20,-4.65%), HDFC Bank Ltd. (Rs. 785.00,-4.23%), Kotak Mahindra Bank Ltd. (Rs. 379.80,-2.58%), YES Bank Ltd. (Rs. 23.27,-1.52%), Au Small Finance Bank Ltd. (Rs. 1016.60,-1.29%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3961 , shares advanced were 2057 while 1645 shares declined and 259 were unchanged.