Domestic equity indices extended the previous session’s losses and opened in the red territory on Monday. The NSE Nifty 50 fell 75.00 pts or 0.43% to 17,390.80 and BSE Sensex tanked 312.52 pts or 0.53% to 59,151.41. The top gainers on Nifty 50 were Adani Ports (up 1.75%), NTPC (up 1.20%), Nestle India (up 0.87%), ICICI Bank (up 0.76%) and Kotak Bank (up 0.64%) while Bajaj Auto (down 3.90%), UPL (down 2.19%), Infosys (down 2.05%), Adani Enterprises (down 01.81%) and Tata Motors (down 1.79%).
Adani Ports shares, IRB Infra stock in focus today
IRB Infrastructure Developers
The sectoral indices were trading mostly in red. Bank Nifty
Asian and US stock markets
Asian markets were trading mixed with China’s Shanghai Composite index rising 0.17%, Hong Kong’s Hang Seng climbing 0.16% while Japan’s Nikkei 225 falling 0.05% and South Korea’s KOSPI dropping 0.99%.
The US markets ended Friday’s session in the red territory with Dow Jones Industrial Average tanking 1.02%, S&P 500 slipping 1.05% and the tech-heavy Nasdaq sinking 1.69%.
FII and DII data
Foreign institutional investors (FII) sold shares worth a net Rs 1470.34 crore, while domestic institutional investors (DII) acquired equities worth a net Rs 1400.98 crore on 24 February, according to the provisional data available on the NSE.
NSE F&O Ban
The National Stock Exchange has put no stock/security in its F&O ban list for Monday, 27 February. According to the NSE, stocks are prohibited in the F&O sector once they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.