Business Standard

Sensex, Nifty extend losses on lingering worries over interest rates

Reversing its early gains, the BSE Sensex closed lower by 311.03 points or 0.51 per cent at 60,691.54 as 18 of its scrips declined

sensex, BSE
Premium

Photo: Bloomberg

Press Trust of India
Benchmark equity indices Sensex and Nifty declined for a second straight session on Monday, losing more than half a per cent due to selling in energy, banking and financials stocks amid lingering concerns over interest rates and inflation.

Reversing its early gains, the BSE Sensex closed lower by 311.03 points or 0.51 per cent at 60,691.54 as 18 of its scrips declined. The index opened higher at 61,112.84 and gained further 290 points to hit the day's high of 61,290.19.

However, selling in index major Reliance Industries, HDFC twins, ICICI Bank Maruti and Kotak Bank dragged down the barometer to a low

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 20 2023 | 11:28 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com