New Delhi. The Indian stock market declined on Monday (March 11) amid weak global trends. At the end of trading, the Bombay Stock Exchange Sensex based on 30 shares closed at 73,502.64 with a decline of 616.75 points or 0.83 percent. Whereas the Nifty of the National Stock Exchange declined by 160.90 points or 0.72 percent and closed at the level of 22,332.85.
Apollo Hospitals, Nestle India, Cipla, SBI Life Insurance and Bajaj Finserv were the top gainers in Monday’s trade. Tata Consumer Products, Power Grid Corporation, Tata Steel, Bajaj Auto and SBI were the top losers.The stock markets were closed on Friday (8 March) on the occasion of Mahashivratri.
At the end of trading in the last session i.e. on March 7, the Sensex had closed at the level of 74,119.39 with a gain of 33.40 points or 0.05 percent, while the Nifty had closed at the level of 22,493.55 with a slight gain of 19.50 points or 0.09 percent.
Foreign portfolio investors (FPIs) have poured Rs 6,139 crore into Indian stock markets so far in March. Indian stocks remain attractive among FPIs due to strong economic growth, market strength and fall in US bond yields. According to depository data, earlier in February he had invested Rs 1,539 crore in shares. In January, he had sold shares worth Rs 25,743 crore.
