Indian equities started the week on Monday by shedding some of the previous week’s gains. The 30-share Sensex declined 469.6, or 1.51%, to close at 30,690.02, while the broader Nifty declined 118.05 points, or 1.30%, to close at 8,993.85, giving up the crucial 9,000-point mark.
According to market experts, extended lockdown by certain states and rise in Covid-19 cases in India made the market jittery. Foreign portfolio investors (FPIs) remained net sellers in the Indian equity market, pulling out $163.02 million.
Nifty50 closed lower at 8993.85Â level, -118.05Â points, or -1.30Â per cent. Nifty Support : 9150 and 9300 Resistance : 8900 and 8850.
