Sensex, Nifty End Lower On Weak Global Cues
(RTTNews.com) - Indian shares ended lower on Monday, mirroring weak cues from elsewhere across Asia and Europe, after China's exports and imports in December declined at the worst rates in two years, raising fresh concerns about global growth.
Sharp gains in Infosys' shares helped to limit the downside in the broader market.
The benchmark 30-share BSE Sensex ended the session down 156.28 points or 0.43 percent at 35,853.56, while the broader Nifty index dropped 57.35 points or 0.53 percent to 10,737.60.
IndusInd Bank, Larsen & Toubro, Tech Mahindra, Indiabulls Housing Finance, GAIL and Wipro fell 2-5 percent in the Nifty pack, while Infosys climbed 2.6 percent after posting mixed set of earnings results and announcing a share buyback.
Yes Bank soared 5.8 percent as it appointed Brahm Dutt as non-executive part-time chairman.
Maruti Suzuki, Bajaj Finance and Sun Pharma rose over 1 percent each.
Avenue Supermarts, which runs the D-Mart chain, plunged 11.3 percent after the firm reported its slowest net profit growth in eight quarters.
Read the original article on RTTNews (http://www.rttnews.com/2969156/sensex-nifty-end-lower-on-weak-global-cues.aspx)
For comments and feedback: contact email@example.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.