Stock market recovered intraday losses ending marginally lower on Monday with Nifty 50 closed above 25,200.
At close, the Sensex was down 173.77 points or 0.21% at 82,327.05, and the Nifty was down 58 points or 0.23% at 25,227.35.
Advertisement
The market performance comes amid some easing in US-China trade rhetoric, and hopes of progress in India-US trade talks.
BSE Midcap index was down 0.2% and smallcap indices shed 0.4%.
Among the sectors, Nifty FMCG was down 0.90%, Consumer Durables down by 0.84%, and IT was down by 0.78%. Nifty Bank ended flat, while the Financial Services index rose 0.16%, Nifty PSU Bank and Private Bank indices rose 0.24% and 0.10%, respectively.
On Nifty, the shares of Adani Ports and Special Economic Zone was up 2.10%, Bajaj Auto up by 1.50%, and Bajaj Fina