Indian Market Indices on Monday ended in the red as Sensex ended the day at 56,406.84, down around 1747 points and Nifty 50 ended the day at 16,842, down around 531 points. In addition, all sectoral indices ended the day in the red.
Nifty Metal and Nifty realty indices were top losers as both of them went down around 5 percent.
NSE Losers Group A:
No | Company Name | Loss (In%) |
1 | Metropolis Healthcare | 15.13 |
2 | Jain Irrigation | 13.98 |
3 | Mahindra Logistics | 12.85 |
4 | KRBL Ltd | 12.01 |
5 | Texmaco Rail & Engine | 11.39 |
Nifty metal was primarily affected by the global equity market meltdown and many export-linked stocks. Hindustan copper was down around 9 percent, whereas in Nifty realty Godrej Properties was down around 5.66 percent. Tata consultancy was the only stock on Nifty, which ended in the green. On BSE, the Realty indices lost around 5.21 percent. DLF Ltd lost around 6.15 percent, Ramco systems ltd lost about 10 percent.
Sensex Gainers Group A:
No | Company Name | Gains (In %) |
1 | Excel Industries | 20 |
2 | Uflex Ltd | 8.30 |
3 | Sequent Scientific | 6.09 |
4 | Johnson Controls-Hit | 3.63 |
5 | Somany Home Innovat | 3.50 |
Global Factors:
Volatility was seen over the Ukraine crisis, high inflation numbers in the US, FED decision to increase the interest rates in the US gradually, and rising crude prices are some of the most significant global factors contributing to the worldwide equity market meltdown.