Market on Monday | slips below 23,400, Sensex down 508 pts
In a volatile trading session, Indian benchmark indices ended lower for the fourth consecutive session on June 1 as investors closely monitoring developments surrounding the ongoing US-Iran negotiations.
At close, the Sensex was down 508.40 points or 0.68 percent at 74,267.34, and the Nifty was down 165.15 points or 0.70 percent at 23,382.60. About 1505 shares advanced, 2665 shares declined, and 180 shares unchanged.
Broader markets also ended lower with Nifty Midcap and Smallcap indices down 1.4 percent and 0.9 percent, respectively.
Auto, power, FMCG, PSU Bank, Consumer Durables, realty down 1-3%, while IT index up 2.6%, media index up 1.3%, and metal index up 0.5%.
HUL, Tata Consumer, ITC, Shriram Finance, M&M were among major losers on the Nifty, while gainers were Tech Mahindra, Infosys, TCS, Coal India, JSW Steel.