TCS was the biggest gainer of the day and was up by 2.23%, while Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance were down by 2-6%.
Nifty PSU Bank index extended its losses and fell by 3% to a one month low even as Finance Minister Arun Jaitley said the RBI is releasing adequate amount of currency everyday. TCS was the biggest gainer of the day and was up by 2.23%, while Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance were down in the range of 2-6%.
The BSE Sensex ended with a loss of 66.72 points at 26,307.98, while the NSE Nifty closed at 8,082.40, down 21.95.
TCS, Ambuja Cement, ACC, ZEEL, ITC, NTPC, Infy and Wipro were among the biggest gainers, while Idea, Aurobindo Pharma, Bosch, Yes Bank and Bank of Baroda were among the biggest losers.
The India VIX (Volatility) index was down 2.02% at 14.53. The BSE Midcap closed at 12004.16 , down 1.40% and Smallcap indices closed at 11947.14, a dip of 0.92%. Out of 1447 stocks traded on the NSE, 1040 declined and 356 advanced today.
A total of 14 stocks registered a fresh 52-week high in trade today, whereas 20 stocks touched a new 52-week low on the NSE.
Non-banking finance companies witnessed a fall. Experts said they have taken a hit due to uncertainty over earnings after demonetisation and as Maharashtra government said it will set up a probe on violations by microfinance companies in the state.
Public banks have been under pressure for the past few sessions as some of the measures announced by the RBI to incentivise digital payments are seen increasing their cost of operations.
The stocks of Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance, Can Fin homes, Dewan Housing Finance were down 2-6%.
Most Asian indices ended down as shares in the emerging markets declined after the Bank of Japan kept its key policy rates unchanged. However, rates in Japan rose after the country's central bank upgraded its outlook for the Japanese economy.
Straits Times traded at 2,911.31 and Hang Seng was at 21,729.06, both in red, whereas Nikkei 225 traded in green at 19,494.53 at the time of the filing of this report.
Gold was at Rs 27120 and silver was at Rs 39085.
Reliance Communications fell 2.4% as Fitch cut its debt rating to B+. Oil and Natural Gas Corp hit a low as oil ministry seeks to halve crude oil cess to 10% in the budget.
The Indian rupee was down as foreign banks buy dollars, likely for FPI's outflow from domestic markets. Dollar demand from oil importers and a rise in dollar globally were the factors that contributed to the downfall.
The price of India's crude oil basket rose 94 cents on Monday to $53.29 a barrel, data released by the petroleum ministry stated
Nifty PSU Bank index extended its losses and fell by 3% to a one month low even as Finance Minister Arun Jaitley said the RBI is releasing adequate amount of currency everyday. TCS was the biggest gainer of the day and was up by 2.23%, while Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance were down in the range of 2-6%.The BSE Sensex ended with a loss of 66.72 points at 26,307.98, while the NSE Nifty closed at 8,082.40, down 21.95.
TCS, Ambuja Cement, ACC, ZEEL, ITC, NTPC, Infy and Wipro were among the biggest gainers, while Idea, Aurobindo Pharma, Bosch, Yes Bank and Bank of Baroda were among the biggest losers.
The India VIX (Volatility) index was down 2.02% at 14.53. The BSE Midcap closed at 12004.16 , down 1.40% and Smallcap indices closed at 11947.14, a dip of 0.92%. Out of 1447 stocks traded on the NSE, 1040 declined and 356 advanced today.
A total of 14 stocks registered a fresh 52-week high in trade today, whereas 20 stocks touched a new 52-week low on the NSE.
Non-banking finance companies witnessed a fall. Experts said they have taken a hit due to uncertainty over earnings after demonetisation and as Maharashtra government said it will set up a probe on violations by microfinance companies in the state.
Public banks have been under pressure for the past few sessions as some of the measures announced by the RBI to incentivise digital payments are seen increasing their cost of operations.
The stocks of Mahindra & Mahindra Financial, Bharat Financial Inclusion, Bajaj Finance, Can Fin homes, Dewan Housing Finance were down 2-6%.
Most Asian indices ended down as shares in the emerging markets declined after the Bank of Japan kept its key policy rates unchanged. However, rates in Japan rose after the country's central bank upgraded its outlook for the Japanese economy.
Straits Times traded at 2,911.31 and Hang Seng was at 21,729.06, both in red, whereas Nikkei 225 traded in green at 19,494.53 at the time of the filing of this report.
Gold was at Rs 27120 and silver was at Rs 39085.
Reliance Communications fell 2.4% as Fitch cut its debt rating to B+. Oil and Natural Gas Corp hit a low as oil ministry seeks to halve crude oil cess to 10% in the budget.
The Indian rupee was down as foreign banks buy dollars, likely for FPI's outflow from domestic markets. Dollar demand from oil importers and a rise in dollar globally were the factors that contributed to the downfall.
The price of India's crude oil basket rose 94 cents on Monday to $53.29 a barrel, data released by the petroleum ministry stated
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