Equity benchmark indices Sensex and Nifty fell in early trade on Monday, owing to negative global market trends.
In early trade, the 30-share BSE Sensex dipped 483.62 points, or 0.60 percent to 80,121.03. The NSE Nifty slipped 157.80 points, or 0.64 percent to 24,373.10.
Wipro, Reliance Industries, Kotak Mahindra Bank, ICICI Bank, Eicher Motors, ICICI Prudential, SBI Life Insurance, Induslnd Bank, Axis Bank, and ITC were the top laggards.
Among the winners were NTPC, BPCL, RECL, Info Edge(India), Torrent Pharma, HDFC Bank, LIC, Siemens, HAL, Power Finance Corp, Bajaj Holdings, GAIL (India), and Power Grid Corp.
In Asian markets, Singapore, Indonesia, and Hong Kong were trading in positive territory, while Malaysia, Tokyo, Thailand, Taiwan, South Korea, and Shanghai were trading in negative territory.
US markets closed lower on Friday.
European markets ended in negative territory on Friday.
Brent crude gained 0.67 percent to USD 83.18 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 1,506.12 crore on Friday.
On Friday, the Sensex dipped 738.81 points, or 0.90 percent to 80,604.65, while the Nifty sank 269.95 points, or 1.08 percent to 24,530.90.
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