Nifty 50 Ends Lower As Market Sentiment Weakens

Indian equities ended Monday’s session on a subdued note as the Nifty 50 index fell 0.32 percent to close at 26,244.35. The decline was led by weakness in banking, IT, and energy stocks, reflecting cautious investor sentiment amid global market volatility.  

Analysts noted that profit booking after recent gains and concerns over international crude prices contributed to the downturn. Broader indices also mirrored the weakness, with midcap and smallcap stocks facing selling pressure. Market participants remain watchful of upcoming corporate earnings and macroeconomic data, which could set the tone for near-term trends.  

Key Highlights  

• Nifty 50 provisionally closed at 26,244.35, down 84 points  
• Index slipped 0.32 percent from previous close of 26,328.55  
• Banking and IT stocks led the decline  
• Profit booking and global cues weighed on sentiment  
• Midcap and smallcap indices also ended lower  

Conclusion  
The Nifty’s decline underscores investor caution at the start of the week, with global uncertainties and sectoral weakness influencing trade. Market watchers expect volatility to persist until corporate earnings and economic indicators provide clearer direction for equities.  

Sources: Economic Times, Business Standard, Moneycontrol