The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended nearly 1 per cent lower on Monday weighed by banking, financials, automobiles and fast-moving consumer goods (FMCG) stocks as surging crude oil prices played spoilsport amid prolonged Russia-Ukraine war.
The S&P BSE Sensex fell 571.44 points (0.99 per cent) to settle at 57,292.49 while the Nifty 50 declined 169.45 points (0.98 per cent) to end at 17,117.60. Both the indices had opened on a positive note earlier in the day rising around 0.5 per cent higher in the early morning deals, however, they soon pared their gains and turned negative towards the late morning session and continued in the red throughout the rest of the session.
On the Sensex pack, Power Grid Corporation of India, Asian Paints, Ultratech Cement, Nestle India, Kotak Mahindra Bank, Hindustan Unilever, HCL Technologies, State Bank of India (SBI) and IndusInd Bank were the top losers of the day. On the other hand, Sun Pharmaceutical Industries, HDFC Bank, Maruti Suzuki India and Titan Company were among the gainers.
