New Delhi: Indian equity markets ended lower on Monday, as both benchmark indices slipped amid global uncertainties and heavy selling in major stocks. The BSE Sensex fell 324.17 points (0.39%) to close at 83,246.18, while the NSE Nifty 50 dropped 108.85 points (0.42%) to finish at 25,585.50.
During the session, Sensex touched an intraday low of 82,898.31, down 672.04 points, reflecting weak investor sentiment. Key drivers of the decline included tariff-related global uncertainties, heavy selling in Reliance Industries (RIL) and ICICI Bank, weaker quarterly results, a depreciating rupee against the U.S. dollar, and continued foreign fund outflows.
Sector Movers and Market Highlights
Among Sensex constituents, Reliance Industries shares fell the most, down 3.04%, followed by ICICI Bank at 2.26%. Other major losers included Titan, Adani Ports, TCS, and UltraTech Cement. On the upside, InterGlobe Aviation (IndiGo), Tech Mahindra, Hindustan Unilever, and Bajaj Finance recorded gains.
Stocks Showing Strong Buying Interest
Stocks demonstrating robust buying momentum include:
- Jindal Saw
- Welspun Corp
- JSW Infrastructure
- CG Power & Industrial Solutions
- ABB Power
- InterGlobe Aviation
- Polycab India
These shares have crossed their 52-week highs, signaling potential bullish trends and positive investor sentiment.
Stocks Showing Bearish Signals
Technical indicators such as MACD suggest bearish trends in the following stocks:
- Wipro
- RBL Bank
- IDBI Bank
- MRPL
- HBL Power
- Reliance Infrastructure
- Jubilant Pharmova
This indicates that these stocks may experience downward pressure in the near term.
Investors are advised to monitor market trends, stock-specific momentum, and technical signals before making trading decisions.
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