Sensex, Nifty slip; top stocks in focus
India Today
Nifty 50 index was down 0.35 per cent at 17,455.65, while the S&P BSE Sensex slipped 0.35 per cent to 58,441.57.
Indian shares inched lower on Monday, weighed down by financials and auto stocks, while state-owned lenders pushed higher after a batch of strong quarterly results.
The blue-chip NSE Nifty 50 index was down 0.35 per cent at 17,455.65, while the S&P BSE Sensex slipped 0.35 per cent to 58,441.57.
India's bond and forex markets were shut on Monday for a public holiday in the state of Maharashtra.
Among stocks, non-bank lender Bajaj Finance slid 2 per cent and was among the biggest drags on the indexes, while the Nifty Auto sub-index fell 1 per cent.
Meanwhile, State Bank of India, India's largest lender, rose 1.7 per cent after reporting stronger-than-expected profit for the third quarter, while smaller peer Bank of Baroda jumped 4.9 per cent after quarterly profit more than doubled.
Steel major Tata Steel climbed 2.4 per cent after beating estimates for quarterly profit.
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