Nifty slumps 117 pts, ends below 9,800

Snapping a four-day winning run, benchmark Nifty tumbled 117 points to end at 9,796 today following all-round selling pressure sparked by escalating geo-political tensions in the Korean peninsula.
Overseas, European and Asian stocks dropped after North Korea fired a missile over northern Japan.
The Nifty opened lower at 9,886.40 and moved in a range of 9,887.35 and 9,783.75 before ending at 9,796.05, a fall of 116.75 points, or 1.18 percent from its last close.
It saw an intra-day movement of about 103.60 points.
On the sectoral front, Energy fell 1.65 per cent, followed by Infra (1.37 per cent), Pharma (1.23 per cent), PSU Bank (1.20 per cent), Metal (1.11 per cent), Private Bank (1.03 per cent), FMCG (0.90 per cent), Realty (0.89 per cent), IT (0.81 per cent) and Media (0.43 per cent).

Major losers were Bank Of Baroda, NTPC, Hindalco, Tata Power, Sun Pharma, HDFC, Coal India and Reliance.

Gainers included Tech Mahindra, M&M, Zee and Wipro.
The broader markets fell in line with the benchmark. The Nifty Midcap and Smallcap indices dipped by 1.12 per cent and 1.29 per cent, respectively.
The market breadth, indicating the overall health of the market, was tilted towards the losers. A total of 1,215 scrips declined, 479 advanced, while 54 remained unchanged.
Foreign institutional investors (FIIs) were net sellers of Indian equities for the 11th consecutive session on Monday. They have also trimmed their exposure to other Asian markets.

As many as 109 securities hit their price bands.
Turnover in the cash segment fell to Rs 23,705.16 crore from Rs 24,239.05 crore yesterday.
A total of 11,818.51 lakh shares changed hands in 8,220,631 trades. The market capitalisation of listed firms on the NSE stood at Rs 12,842,035.24 crore.