Sensex sheds 134 points on weak global cues; RBI policy review eyed…

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Indian equity markets ended the session down by nearly 0.4 per cent due to weak global cues. Domestic sentiment was dampened on heavy selling in blue-chips due to risk aversion in global markets after gold and crude oil tumbled.

Traders also remained wary ahead of the RBI monetary policy review on Tuesday. The Sensex ended down by 134.37 points at 28,559.62 and the Nifty fell by 32.35 points at 8,555.90 after hitting a record high of 8,623 in late morning trade.

Oil & gas index fell the most by 2.57 per cent, followed by power 2.25 per cent, metal 2.14 per cent and PSU 1.62 per cent, while consumer durables was the star-performer and was up 3.31 per cent, followed by IT 0.84 per cent, FMCG 0.69 per cent and TECk 0.46 per cent.

Hero MotorCorp (+3.69%), HUL (+2.75%), TCS (+1.89%), Axis Bank (+1.73%) and Maruti (+1.61%) were the major Sensex gainers, while the major losers were ONGC (-3.98%), Hindalco (-3.85%), BHEL (-3.25%) and Reliance (-2.94%) and Tata Power (-2.53%).

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