Indian equity benchmarks closed lower on Monday, with the BSE Sensex settling at 77,185.43 and the Nifty 50 finishing at 24,078.50.
The decline marks a pullback from the levels reached in recent trading sessions, as investors adopted a cautious stance ahead of key global data releases.
The Nifty 50’s drop of nearly 200 points from its previous close suggests a broad-based risk-off sentiment, rather than isolated sector weakness.
The sell-off erased the modest gains recorded on Friday, when the Sensex had advanced 262 points to close at 77,763.91.
The reversal highlights the sensitivity of Indian markets to external cues, with traders weighing mixed signals from global counterparts and domestic liquidity conditions.
Market breadth remained narrow, with selling pressure concentrated in large-cap stocks.
The Nifty 50’s drop of nearly 200 points from its previous close suggests a broad-based risk-off sentiment, rather than isolated sector weakness.