Share benchmarks decline for Second Day, Stocks calls tomorrow

Share markets of India witnessed a high volatile trading on Monday with the NSE Nifty shedding 67.70 points lower at 10,628.50. The BSE Sensex slumped 215.37 points to close at 35,011.89 led by fall in banking & realty stocks.  

Nifty SmallCap100 index was the worst performer correcting 2.77 percent, while Nifty IT and Nifty Metal Indices were the only two components that ended in the green. 

Nifty Bank index declined 1.63 percent with Yes bank, PNB and Axis Bank. On the other hand, the Nifty IT index was the top gainer, up 0.27 percent with Infosys and TCS. 

In the 50 scrip of Nifty index, 15 stocks closed the day with gains, while the rest 35 remained in the negative territory.  

Major gainers on NSE were Dr.Reddy’s (+2.40%), Infosys (+1.65%), Lupin (+1.37%), Hindalco (+1.30%) and Mahindra & Mahindra (+1.26%) while major losers include Indiabulls HF (-4.49%), HDFC Bank (-3.11%), Bharti Airtel (-2.74%) in trade today. 

Risk appetite of Investors remained restrained ahead of RBI monetary policy review meeting that began today 4 June, which will be ended on Wednesday 6 June 2018.

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