NEW DELHI: On Monday, the equity markets once again opened with losses as investor sentiment received a hit from Asian bourses.
30-share BSE
Sensex opened more than 100 points in the positive at 35,545.22. But soon after, the index lost steam and was down more than 120 points at 9.35 am. The index was testing the psychological mark of 35,300. The broader 50-share NSE
Nifty too lost the 10,700-mark and was trading 0.40 per cent in the red.
Asian share markets were burdened by fresh losses in China on Monday. In equity markets, Shanghai blue chips resumed their slide with a fall of 1.3 per cent and soured sentiment in the region. MSCI’s broadest index of Asia-Pacific shares outside Japan . Japan's Nikkei dropped 0.5 per cent.
Among sectoral indices, auto and IT were leading the charts while FMCG and metal scrips were under pressure on Monday morning.
Bajaj Auto,
Tata Steel,
Sun Pharma and
Tata Motors were gaining the most.
