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Sensex declines 191 points; Nifty trades below 9,050

Tracking weak global markets, domestic bourses were trading in the negative zone in the first half of trade on Monday.…

Sensex declines 191 points; Nifty trades below 9,050

(Getty Images)

Tracking weak global markets, domestic bourses were trading in the negative zone in the first half of trade on Monday. At 11.40 am, the Sensex was trading 191 points or 0.65 per cent down at 29,230 while the Nifty50 was trading 64 points or 0.70 per cent lower at 9,044.

Broader markets were trading with mixed moves. BSE Midcap index slipped 0.1 per cent while BSE Smallcap Midcap index gained 0.1 per cent.

Among the BSE sectoral indices, Consumer Durables index posted the biggest gain with a jump of 0.7 per cent while Metal index became the top loser with a dip of 2 per cent. Telecom (down 0.8 per cent) Oil & Gas (down 0.7 per cent), Healthcare (down 0.7 per cent) and FMCG (down 0.3 per cent) indices were other notable losers.

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Top gainers in the Sensex-30 pack: HUL (up 0.6 per cent), SBI (up 0.6 per cent), Power Grid (up 0.6 per cent), Dr Reddy’s Labs (up 0.4 per cent) and Infosys (up 0.3 per cent).

Top losers in the Sensex-30 pack: Tata Steel (down 2.8 per cent), Coal India (down 2.4 per cent), Reliance Industries (down 2 per cent), Sun Pharma (down 1.6 per cent) and Tata Motors (down 1.5 per cent).

All the Asian markets were trading in the negative zone. Japan’s Nikkei 225 Index plummeted 1.6 per cent, Singapore’s Straits Times Index plunged 0.4 per cent, Hong Kong’s Hang Seng index shed 0.5 per cent, Korea’s KOSPI index lost 0.6 per cent and China’s Shanghai Composite Index was trading flat with a negative bias.

US stocks ended lower on Friday after Republicans withdrew the American Health Care Act.

Back home, the Rupee was trading 32 paise higher at 65.09 against the US Dollar.

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