Nifty Chart for the day
Nifty Metal index fell nearly 2%
Top Sensex gainers and losers
Broader markets outperformed the frontline indices with BSE Midcap and BSE Smallcap down 0.2% and 0.4% respectively Markets at Close
The S&P BSE Index ended the day at 33,033, down 281 points while the broader Nifty50 index settled at 10,224, down 96 points
Benchmark indices ended lower on Monday, with Larsen & Toubro dragging the indexes after it cut its full-year order flow growth guidance, while oil price worries kept energy shares such as Reliance Industries under pressure. Investors also reacted to the September quarter earnings of index heavyweights Idea Cellular, Adani Ports
and Coal India.
Oil remained well supported as ongoing output cuts led by the Organization of the Petroleum Exporting Countries and Russia contributed to a significant reduction in excess supplies and as tensions in the Middle East raised the prospects of supply disruptions.
Meanwhile, consumer price index (CPI)-based inflation data for October will be released post market hours today.
Overseas, Asian shares stepped back in a cautious trade as investors look to see whether US Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May’s leadership.