National indices ended Monday’s session in red territory. Trade remained choppy during the day, with the Sensex settling below 60,510 and the Nifty 50 below 17,770. The main gainers on the BSE Sensex were IndusInd Bank (up 2.58%), Bajaj Finance (up 1.56%), Power Grid (up 1.05%), ITC (up 0.74%) and Bajaj Finserv (up 0.41%) while Tata Steel ( down 2.08%), Kotak Bank (down 1.87%), Infosys (down 1.79%), ICICI Bank (down 1.18%) and Mahindra & Mahindra (down 1.15%) were the losers.
The BSE Sensex fell 334.98 pts or 0.55% to 60,506.90 and the NSE Nifty 50 closed 89.45 pts or 0.50 pts lower at 17,764.60. In the sector indices, Bank Nifty fell 0.30%, Nifty Auto fell 0.13%, Nifty IT fell 0.61% and Nifty Metal fell 2.20% while Nifty FMCG rose 0.56%, Nifty Media jumped 0.78% and Nifty PSU Bank gained 0.25%. Among individual stocks, shares of Vodafone Idea jumped 25% to Rs 8.57 in intraday trading, after the government cleared the conversion of the telecom operator’s interest expense into shares.
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Asian markets closed broadly lower on Monday. China’s Shanghai Composite Index fell 24.71 pts or 0.76% to 3,238.70, Hong Kong’s Hang Seng fell 438.31 or 2.02% to 21,222.16 and the South Korea’s KOSPI fell 42.21 or 1.70% to 2,438.19 while Japan’s Nikkei 225 rose 184.19 or 0.7.67% to 2,438.19.
European markets were mostly trading in the red. The English FTSE100 was trading at 7,836.77, up 16.61 points or 0.21% at 3:20 p.m. (IST). The European Euronext100 lost 2.74 points or 0.20% to 1,341.12. The French CAC traded 18.42 points or 0.27% lower at 7,147.85. The German DAX fell 170.79 points or 1.10% to 15,338.40.
The US stock market ended Friday’s session in the red. The Dow Jones Industrial Average (DJIA) fell 127.93 or 0.38% to 33,926.01, the S&P 500 fell 43.28 pts or 1.04% to 4,136.48 and the Nasdaq index Composite fell 193.86 pts or 1.59% to 12,006.95.
Movement of the rupee
The Indian rupee depreciated 1.08% to 82.72 against the US dollar as of 3:20 p.m. (IST).
Gold futures on the multi-commodity exchange for April delivery were trading at Rs 57,000.00 up 415 points or 0.73% while silver futures for March delivery were up 213 points or 0.32% at Rs 67,789.00 as of 3:25 p.m. (IST).
WTI crude futures for February delivery were down 0.1% at $73.32 while Brent crude futures for March delivery were trading up 0.21% at 80, $11 at 3:25 p.m. (IST).
Bitcoin (BTC) at 3:25 PM (IST) was trading at $22,850.77, down 2.28% in the past 24 hours. Its total market capitalization is $440,643,680,761. Ethereum (ETH) was trading at $1,631.58, down 2.15% in the past 24 hours. It has a total market capitalization of $199,638,616,801.