Stock Markets Today: BSE Sensex, NSE Nifty fall in Monday trade; ICICI Bank, HDFC Bank among top losers

The stock markets on Monday ended the day in the red. Both the BSE Sensex and NSE Nifty 50 were down by over 0.5 per cent at close. While the Sensex was trading at 37,934.73, down by just over 194 points soon at the end of day’s trade, the broader market NSE Nifty 50 closed at 11,131.80, down by over 62 points.

In the 30 share BSE Sensex, 17 stocks were trading at the time of closing while the remaining 13 were trading in the red. The top gainers on Monday in the early trade were Asian Paints, HCL Technologies, Infosys, TCS and Ultratech Cement while the top losers were ICICI Bank, HDFC Bank, Axis Bank, Indusind Bank and Bajaj Finance. 

Meanwhile, reliance Industries, Asian Paints, HCL Technologies, Infosys, Ultratech Cement and TCS were the top gainers on Nifty Fifty on Monday in the closing trade. The top losers were ICICI Bank, HDFC Bank, Axis Bank and Indusind Bank. 

Today, the USDINR futures were trading at 74.8100 around against the USD at 4:30 am on BSE. 

On Friday, the Sensex ended almost flat at 38,128.90, falling by almost 11 points while the Nifty 50 closed at 11,194.15, also down by over 21 points. 

U.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world`s two largest economies. S&P500 futures dropped 0.2 per cent while Nasdaq futures lost 0.3 per cent. Japan`s Nikkei fell 1.3 per cent, re-opening after a long weekend. 

MSCI`s broadest index of Asia-Pacific shares outside Japan was flat. 

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Global shares lost steam late last week after Washington ordered China`s consulate in Houston to close, prompting Beijing to react in kind by closing the U.S. consulate in Chengdu. 

Inputs from Reuters