REUTERS - The NSE Nifty fell 1.1 percent on Monday, snapping two session of gains, as information technology stocks were hit by tough talk on visas by U.S. president-elect Donald Trump, while oil retailers declined after crude prices surged to their highest since mid-2015.
Sentiment was also weakened by continued uncertainty about the impact on the economy and corporate profits from the cash shortage sparked by the country's demonetisation drive.
The broader Nifty fell 1.1 percent to 8,170.80, while the benchmark BSE Sensex closed 0.87 percent lower at 26,515.24.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Subhranshu Sahu)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
