Stock Market Today: Sensex Down 150 Points, Nifty Below 25,000; IT Stocks Among Top Losers

The stock market has witnessed a downward trend today. After beginning the week on a high note in the midst of foreign institutional investor (FII) purchases, Indian equities markets reversed their initial gains on Monday, with the Sensex falling 150 points and the Nifty slipping below the 25,000 mark.

Stock Market Today:

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• The BSE Sensex opened up 327.89 points or 0.40 percent at 81,327.29.
• The Nifty 50 opened up 90 points or 0.36 percent at 25,076.40.

Although the benchmark indices turned negative, the majority of sectoral indices on the NSE had started out positive. The only sector index to start the session lower was Nifty IT, which fell 0.38 percent, according to reports. The Nifty 100 opened 0.33 percent higher in the broader market, the Nifty mid cap 100 gained 0.06 percent and the Nifty Small cap 100 declined 0.08 percent.

Asian markets saw significant gains. Japan’s Nikkei 225 soared more than 3.2 percent to 59,302, while South Korea’s KOSPI increased by 1.62 percent to 5,146, as per a report by ANI.

(Disclaimer: Given the input is on an information basis, please seek professional advice.)