Indian benchmark indices plummet on Monday
Mumbai, Frb 5 (IBNS): Although Indian bencmark indices managed to recover some of its day's opening losses, they still recorded a sharp decline at close of business on Monday, according to media reports.
The BSE Sensex was down 309.59 points at 34,757.16 and NSE Nifty was down 94.10 points at 10,666.50 at close of Monday.
The decline has been largely attributed to private banking and financial stocks offset by technology and oil stocks, reports said.
Top gainers on Monday included Bharti Airtel, Tata Motors, Tata Motors (D), HPCL, BHEL, ITC, Bosch and Power Grid Corp while HDFC, L&T, IndusInd Bank, Adani Ports, Bajaj Auto and Kotak Mahindra declined.
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