Indian stock markets closed lower on Monday, dragged down by IT stocks after Federal Reserve Chair Jerome Powell hinted at delayed interest rate cuts due to strong U.S. economic growth. The Sensex fell 241 points,

BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Monday. While BSE Sensex was near 77,600, Nif

Equity benchmark indices declined in early trade on Monday, owing to relentless foreign fund outflows, selling in IT stocks and weak leads from the U.S. markets. The BSE benchmark Sensex declined 156.72 points to 77,423.59 in early trade. The NSE Nifty dipped 64.25 points to 23,468.45.

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.

The Sensex was up 283 points or 0.37 percent at 77,864, and the Nifty was up 70.9 points or 0.3 percent at 23,603.60. Stock Market Last Week Benchmark Sensex declined by 110 points in a see-saw trade on Thursday,

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.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,500 level, a discount of nearly 100 points from the Nifty futures’ previous close.