Mumbai: The Financial markets will remain shut on Tuesday on the occasion of Dussehra and will resume trading on Wednesday.
Equity benchmark BSE Sensex declined by 141 points after a volatile session on Monday, dragged down by losses in index heavyweights ITC, TCS, L&T, HDFC twins and Infosys amid weak global cues.
The Sensex ended 141.33 points, or 0.38 per cent, lower at 37,531.98. It hit an intra-day low of 37,480.53 and a high of 37,919.47. The NSE Nifty dropped 48.35 points, or 0.43 per cent, to close at 11,126.40.
After opening in the positive terrain, the 30-share index swung over 300 points in early trade. The index was trading 72.68 points, or 0.19 per cent, lower at 37,600.63 at 0930 hours. Similarly, the broader NSE Nifty slipped 32.80 points, or 0.29 per cent, to 11,141.95.
Top laggards in the Sensex pack included ONGC, ITC, Tata Steel, M&M, Tata Motors, L&T, TCS, Sun Pharma, NTPC, IndusInd Bank and Tech Mahindra, falling up to 2.97 per cent.
Meanwhile, the rupee depreciated by 18 paise to 71.07 against the US dollar intra-day.
Brent crude futures, the global oil benchmark, advanced 0.41 per cent to USD 58.61 per barrel.
Gold prices on Monday remained almost flat at Rs 39,210 per 10 grams at the bullion market in the national capital, amid weak spot demand. The yellow metal slipped Rs 30 as compared to the previous close of Rs 39,240 on Saturday. Silver also fell by Rs 90 to Rs 46,390 per kilogram as against Saturday's closing price of Rs 46,480 per kg.
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