Market snaps 2-day gains, selling in banking, metal and IT
At close, the Sensex was down 426.85 points or 0.53% at 79,942.18, and the Nifty was down 126 points or 0.51% at 24,340.85.
The key Indian equity indices opened in the negative territory on Monday with the S&P BSE Sensex losing over 170 points.
All the sectoral indices on the BSE traded in the red except the IT and Teck stocks.
Weakness in the Asian markets dampened the domestic investor sentiments on Monday, analysts said.
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At 9.34 a.m., the Sensex traded at 35,838.57, lower by 171.27 points 0.48 per cent from the previous close of 36,009.84 points.
It had opened 36,113.27 and so far it touched an intra-day high of 36,124.94 and a low of 35,806.28 points.
The Nifty50 on the National Stock Exchange traded at 10,736.75 points, lower by 58.20 points or 0.54 per cent from the previous close.
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