A strong rally in banking and metal stocks has propelled the Indian markets to close higher at the end of Monday's session (January 20). Apart from the strong earnings reported by Kotak Mahindra Bank and IT major Wipro,

The BSE Sensex stood at 604.54 points or 0.79 per cent to 77,223.87. Nifty stood at 23,335.35, up 132.15 points or 0.57 per cent.

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.

Kotak Mahindra Bank, Wipro, Bajaj Finance, NTPC, Bajaj Finserv were among major gainers on the Nifty, while losers were SBI Life Insurance, Shriram Finance, Trent, HDFC Life, Adani Ports. Among sectors,

The Indian market ended lower, breaking a three-day winning streak, with the Nifty closing around 23,200. This decline was driven by selling in IT and banking stocks, despite strong quarterly results from sector heavyweights Infosys and Axis Bank for the December quarter.

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.

Indian equity benchmarks, BSE Sensex and Nifty50, saw a sharp decline in opening trade on Friday. BSE Sensex fell over 450 points, while Nifty50 dropped below 23,200. At 10 am, the Sensex dropped by 363.