NEW DELHI: Following a buoyant week on the Street, investors were in for some dampening on spirits on Monday as the equity markets underwent correction.
30-share
BSE Sensex lost 217.86 points to close at 36,323.77 while the broader 50-share NSE Nifty lost the psychological mark of 11,000, falling 0.75 per cent from the previous closing mark.
The benchmark indices opened in the morning session on a negative note, dragged by Asian cues after Chinese economy slowed in the second quarter. Sensex and Nifty could not make up for the initial losses and ended up extending them through mid-day trading.
All sectoral sub-indices, with the exception of Nifty IT, finished in the red. Nifty Pharma and Nifty Metal saw heavy losses (4.26 per cent and 3.98 per cent respectively).
Infosys, NTPC, HDFC and
Wipro stocks managed to top the charts in an otherwise disappointing day of trading.
