The key Indian equity indices declined on Monday morning tracking mixed cues from the Asian market along with profit booking by traders after the indices scaled new highs last week. The across-the-board selloff was led by auto, finance and banking stocks.
Around 9.45 a.m., Sensex was trading at 52,166.60, lower by 308.16 points or 0.59 per cent from its previous close of 52,474.76. It opened at 52,492.34 and touched a high of 52,542.66 and a low of 51,936.31 points.
The Nifty50 on the National Stock Exchange was trading at 15,676.60, lower by 122.75 points or 0.78 per cent from its previous close. The major losers on the Sensex so far were State Bank of India, HDFC and NTPC, while the top gainers were Infosys, Tata Steel and Tata Consultancy Services.
Adani Enterprises, Adani Green Energy, Adani Transmission and Adani Total Gas have seen a plunge in the morning on Monday soon after the news of NSDL action surfaced. These four stocks have seen a near ten-fold increase in value since March 2020 despite the Covid impact and market turbulence.
(With inputs from Deski)
