Indian equities ended lower on Monday erasing earlier gains. At the close, the benchmark 30-share index, BSE Sensex declined 130.25 or 0.44% at 29,518.74 with 17 components posting drop. Meanwhile, the broad based NSE Nifty went down by 33.20 or 0.36% at 9,126.85 with 31 components posting drop.
Biggest losers in the 30-share index were Axis Bank (2.41%), ICICI Bank (1.99%), Infosys (1.87%), Tata Consultancy Services (1.82%), Wipro (1.59%), and Reliance Industries (1.56%).
On the other hand, NTPC (0.87%), Tata Power Company (0.81%), Bharti Airtel (0.76%), Coal India (0.76%), and HDFC Bank (0.63%) were the biggest gainers in the Sensex.
Market breadth was negative with 1,309 advances against 1,407 declines.
Bombay Dyeing and Manufacturing Company topped the value chart on the BSE with a turnover of Rs. 4,345.82 million. It was followed by Bombay Burmah Trdg Corporation (Rs. 3,361.57 million), Force Motors (Rs. 1,059.95 million) and Fortis Healthcare (Rs. 985.44 million).
The volume chart was led by Bombay Dyeing and Manufacturing Company with trades of over 55.93 million shares. It was followed by Suzlon Energy (17.20 million), Jaiprakash Associates (8.37 million) and Indiabulls Ventures (7.17 million).