Indian benchmark indices ended lower on Monday as investors locked in gains after the recent rally, with mixed global cues and lingering uncertainty around a potential India-US trade deal keeping sentiment cautious.
Market participants now await the Q2 GDP data due on Nov. 28, which analysts expect will guide near-term direction, according to Livemint.
The BSE Sensex declined 331.21 points, or 0.39%, to 84,900.71, while the NSE Nifty 50 fell 108.65 points, or 0.42%, to 25,959.50.
JSW Steel (NSE:JSWSTEEL, BOM:500228) dropped over 3% to top the laggards, followed by Bharat Electronics (NSE:BEL, BOM:500049) and Max Healthcare Institute (NSE:MAXHEALTH, BOM:543220).
Tech Mahindra (NSE:TECHM, BOM:532755), Eicher Motors (NSE:EICHERMOT, BOM:505200) and Bajaj Auto (NSE:BAJAJ-AUTO, BOM:532977) were among the leading gainers.
In corporate updates, Seamec (NSE:SEAMECLTD, BOM:526807) said its HAL vessel MV Goodman has been chartered effective November 22 following the completion of repairs.
Mahindra Logistics (NSE:MAHLOG, BOM:540768) announced the opening of a new all-women-operated warehouse in Indore in partnership with L'Oréal India, which will support distribution across central India.
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