Indian markets end Monday on negative note
Realising that Patel is known for his hawkish view on inflation, some quarters fear an unlikely rate cut over the medium term, which partly affected the share market.
On Monday, Sensex was down 91.46 points to 27985.54 and Nifty was down 37.75 points to 8629.15.
The Nifty futures & options contracts for August will expire on Thursday, which may cause some volatility in the market, the media said quoting experts.
Some of the key stocks that gained on Monday were HDFC Bank, HUL, ZEEL, ITC, BHEL and Idea Cellular while figuring among the losers were Wipro, TCS, Grasim, Lupin, Ambuja Cements, Aurobindo Pharma and NTPC.
Image: Wikimedia Commons
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