Closing Bell: Market extends fall for the fourth consecutive trading session

The Indian benchmark indices extended their losing streak to the fourth consecutive trading session on Monday.

The Indian benchmark indices extended their losing streak to the fourth consecutive trading session on Monday. 

The Nifty closed in red after hitting a day's high of 17,351.05 in afternoon trade. The continuing Russia-Ukraine encounter, increasing crude oil prices and harsh selling by foreign portfolio investors (FPIs) continued to put pressure on domestic shares. In the commodities market, Brent crude fell 0.19 per cent at USD 93.36 a barrel. 

The Sensex closed with a slight loss of 149 points, or down by 0.26 per cent, and closed of 57,683.59. The Sensex Midcap index fell by 189 points and ended the day at 23,582.26 levels. The BSE Smallcap also is weakened by 611 points and stood at 27,137.15 at day end. The Nifty 50 index fell by 69 points and closed at 17,206.65 levels. The Bank Nifty on the contrary was up by 86 points and ended at 37,685.60. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, went up by 1.28 per cent i.e. by 0.36 points to 27.75 levels. 

The top gainers on the BSE Sensex exchange were Wipro, Infosys, Power Grid Corporation of India, and Maruti Suzuki India. On the other hand, the top losers on the Sun Pharmaceuticals, TCS, ITC, Tech Mahindra, and UltraTech Cement. The total stocks traded today were 3,618 out of which 710 advanced and 2,778 stocks declined, 130 stocks were unchanged. The number of stocks that were locked in the upper circuit are 227, and 558 stocks were locked in the lower circuit today. 127 stocks have made a 52-week high and 119 stocks made a 52-week low today.