Indian benchmark equity indices traded lower on Monday, weighed down by concerns over slowing earnings growth and foreign outflows. Additionally, comments from the Federal Reserve Chair signaling a slower pace of interest rate cuts further dampened market sentiment.

Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Monday, amid mixed global market cues

The Bears bandwagon has continued in the market for the seventh consecutive day. Among the key reasons for the decline are downgrades in major stocks for FY25, coupled with consistent foreign investor outflow,

The two key equity benchmark indices, Sensex and Nifty, on Monday are trading lower, tracking mixed global cues. At 9.40 am, the BSE Sensex dropped 472 points to 77,108. On the other hand, the NSE Nifty50 was trading at 23,

Amar Ambani of YES Securities expects Nifty to settle between 22,200 to 23,000 on a closing basis. Value buying from domestic investors will emerge, followed by FII inflows, he said.

Indian benchmark equity indices traded lower on Monday, weighed down by concerns over slowing earnings growth and foreign outflows. Additionally, comments from the Federal Reserve Chair signaling a slower pace of interest rate cuts further dampened market sentiment.

The S P BSE Sensex was down 420.71 points to 77,159.60, while the NSE Nifty50 lost 132.50 points to 23,400.25.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty closed at 23,532.70, while Sensex ended at 77,580.31. Nifty 50 has corrected more than 10% from the record high it hit in September 2024.