The Indian equity benchmarks ended a tad lower in lackluster trading session on Monday, as gains across FMCG, Banking and Realty sectors were offset by losses in Healthcare, Oil & Gas, Power, Utilities, Telecom and Consumer Durables stocks.
Sustained fund outflows by foreign portfolio investors (FPIs), a falling rupee and concerns over corporate earnings post demonetisation further dented market sentiment.
Finance Minister Arun Jaitley on Monday flaunted robust tax receipts to dismiss reports of economic disruption following Prime Minister Narendra Modi’s decision to abolish high-value currency notes.
During the dayâs trade, the BSE Sensex touched an intraday high of 26860.88 and an intraday low of 26701.18, while the NSE Nifty touched an intraday high of 8263 and an intraday low of 8227.75.
