Sensex plummets amid profit-booking
After four days of gains, the Indian stock market took a breather on Monday.
The Sensex slipped 452 points to close at 83,606 while Nifty ended down by 121 points at 25,517.
Profit booking hit major sectors like autos, FMCG, real estate, and metals—even though global cues stayed positive and foreign investors kept showing interest.
Sensex lost 452 points or 0.54% to settle at 83,606
If you're keeping an eye on your investments or just curious about the market mood, this dip is a reminder that markets don't move up in a straight line.
Some sectors still saw action—public sector banks jumped (SBI led the way), and over 2,300 stocks actually advanced on the BSE.
Nifty also slips below the 25,530 mark
Technical signals suggest more short-term ups and downs ahead.
Investors are now watching for Q1 earnings reports, June auto sales numbers, and even US tariff decisions later this month to see where things head next.
The rupee also slipped a bit against the dollar as volatility continues.