Indian shares ended a tad lower on Monday despite mixed cues from global markets.
Global risk appetite was slightly more fragile as gold and oil prices continued to fall sharply in international markets amid fears of early Fed tapering and renewed concerns over the spread of more dangerous variants of coronavirus.
The benchmark 30-share Sensex ended the session up 125.13 points, or 0.23 percent, at 54,402.85, while the broader NSE Nifty index edged up 20.05 points, or 0.12 percent, to settle at 16,258.25.
SBI Life, Bharti Airtel, Adani Ports, Coal India and Tata Consumer Products all fell around 2 percent in the Nifty pack, while IndusInd Bank, Bajaj FinServ, Axis Bank, Tech Mahindra and Mahindra & Mahindra rose 1-2 percent.
Vodafone Idea shares fell more than 2 percent after reports that the Department of Telecommunications (DoT) may appoint an external consultant or set up a panel to finalize financial relief to the telecom sector.
Glenmark Life Sciences closed 1.8 percent lower at Rs. 735 after falling more than 4 percent earlier in the day to slip below its issue price of Rs 720 per share.
Sensex Rises 125 Points; Nifty Ends Above 16,250
2021-08-09 10:42:42
