Markets On Monday

The S&P BSE Sensex fell 812 points by close to 38,034 levels while the NSE's Nifty slipped below the crucial 11,300-mark, down 254 points, or 2.2 per cent, to end the session at 11,251 levels.

Rising political tension between India and China was one of the key reasons that punctured the momentum on Monday. The S&P BSE Sensex ended 839 points, or 2.1 per cent, lower at 38,628 levels

Market analysts attributed the upmove to positive sentiment generated from gradual lifting of lockdowns across countries

Extending their gaining streak into the seventh session in a row, the benchmark indices settled with nearly half a per cent gains on Monday

This was the fifth consecutive session of losses for the markets. PSU bank stocks, however, bucked the trend