INSUBCONTINENT EXCLUSIVE:
Sensex, Nifty on Monday: Thirty five stocks on the Nifty50 finished in the negative zoneDomestic stock markets started the week on a weak
note, with the BSE Sensex falling 217 points
That marked a further retreat from record highs registered recently
While the 30-scrip BSE benchmark index settled 0.6 per cent lower at 36,323, the NSE Nifty settled at 10,936, registering a loss of 82
dampened investor sentiment
Among the top laggards on the Nifty 50 were Dr Reddy's Laboratories, Lupin, Sun Pharma and Tata Steel, finishing between 4.6 per cent and
9.5 per cent lower.Here are 10 things to know about Monday's trading session:1
Indivior a preliminary injunction, blocking the Indian company from selling generic versions of the British drug maker's bestselling opioid
addiction treatment in the United States.3
Energy shares took a beating after crude prices dropped as concerns around supply disruptions eased, while traders eyed potential supply
"Continuous decline on broader front has pushed the stocks in extreme oversold zone so we may see some pause or rebound prior to further
cent lower, after reports that the bank has hired a law firm to look into allegations of irregularities in some loan accounts.6
However, some buying in IT stocks limited the downside
Investors also turned cautious after government data released last week showed that the country's trade deficit widened to a more than
three-and-a-half-year high, say analysts
The trade deficit soared to $16.6 billion in June on costlier crude oil imports.9
Foreign portfolio investors (FPIs) sold shares worth a net Rs 1,104.65 crore on Friday while domestic institutional investors (DIIs) net
bought shares worth Rs 872 crore, according to provisional data from the NSE.10
Asian shares declined after official data showed China's economy slowed slightly in the second quarter, compounded by fears of a full-scale
