Sensex ends below 57,200, Nifty sheds 300 pts
Adani Ports and Tata Motors shed the most
Indices sink on Monday as Sensex ended around 57,150 and Nifty around 17,000. Metal, Auto, Bank, Oil and Realty dragged the most with all indices except IT ending in the red.
Adani Ports and Tata Motors shed the most. Rupee went below 81.50 against the dollar on Monday.
Global markets continued their losing streak with Asian markets ending lower and European markets trading in the red in the morning session while the Sterling slumped to a record low on Monday.
Traders will keep an eye on a number of economic reports this week including US initial jobless claims and GDP data along with PMI figures from China.