Mumbai, Oct 7 : The BSE Sensex remained under pressure for the sixth consecutive session on Monday, as it slipped by 141.33 points to settle at 37,531.98 as selling pressure was witnessed in Materials, Industrials, Oil and Gas and Realty stocks amid negative global cues.
The National Stock Exchange (NSE) too eased by 48.35 points to 11,126.40. High volatility was seen during the day as the Sensex rose by 180 points to open at 37,853.00. It advanced by 246 points to 37,919.47 day high.
Later, it tumbled down nearly 193 points to 37,480.53 day low before closing at 37,531.98, sliding by 141.33 points from its last close.
The sectoral indices like Materials, Energy, Industrials, Oil and Gas and Realty kept the market down however buying in Telecom and Consumer Durable capped from further decline, broker informed.
In scrips, Tata Motors DVR, Tata Steel, ONGC, ITC and M & M dropped while Yes Bank, Axis Bank, Bajaj Finance and ICICI Bank rose that capped from further decline, broker added.
The market breadth was tilted in favour of sellers. On the BSE, 896 shares rose and 1,627 shares fell. A total of 228 shares remain unchanged. In Nifty 50 index, 18 stocks advanced and 32 stocks declined.
Overseas, European markets were trading lower while most Asian markets closed negative on Monday. Investors awaited a fresh round of US-China trade negotiations set to begin later this week.
The stock market will remain close on Tuesday for 'Dusshera' festival, broker informed. (UNI)