Sensex, Nifty halt 3-day losing run

In choppy trading on Monday, Indian equities indices ended a three-day losing streak while taking conflicting cues from their Asian counterparts. As gains in consumer, banking, and financial equities offset losses in metal, technology, and energy companies, the domestic indices rose during the late trades.

The NSE Nifty gained 83 points or 0.53 percent higher to conclude at 15,835, while the 30-share BSE Sensex increased 327 points or 0.62 percent down to close at 53,235 today. The Sensex fluctuated today in a zone of 627 points.

Mid- and small-cap stocks ended the day strongly, with the Nifty Midcap 100 rising 0.69 percent and the small-cap index rising 0.64 percent.

Nine out of the 15 sector gauges of the NSE settled in the green. The NSE platform was outperformed by the sub-indices Nifty FMCG, Nifty Consumer Durables, Nifty Bank, and Nifty Financial Services, which saw increases of up to 2.66 percent, 0.77 percent, 1.20 percent, and 0.93 percent, respectively.

Nifty Metal, Nifty IT, and Nifty Oil & Gas, on the other hand, displayed weakness by decreasing by as much as 0.99, 0.62, and 0.41 percent, respectively. Hindustan Unilever, whose shares increased by 3.84 percent to Rs 2,370, was the top Nifty gainer. Other winners included IndusInd Bank, Britannia, ITC, and ICICI Bank.

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