Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Monday. While BSE Sensex was near 76,800, Nifty50 was

The trends on Gift Nifty also indicate a higher start for the Indian benchmark index. The Gift Nifty was trading around 23,290 level, a premium of nearly 23 points from the Nifty futures’ previous close.

Stock Market LIVE Updates | The markets remained in a consolidation phase, dropping almost one percent as the corrective trend continued last week. Ongoing selling by FIIs, mixed corporate earnings, and a significant increase in crude oil prices negatively affected investor sentiment.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Infosys, Axis Bank, Kotak Mahindra Bank, M&M and TCS were among the major losers on the Sensex, while Zomato, Reliance Industries, Nestle India, Tata Steel and Asian Paints emerged as the top gainers

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,325 level, a discount of nearly 52 points from the Nifty futures’ previous close.

The Sensex slipped 423.49 points, or 0.55%, to close at 76,619.33. Likewise, Nifty 50 declined 108.60 points, or 0.47%, to end at 23.203.20.