The Nifty 50 wrapped up the session with a drop of 0.29%, closing at 24,781, while the Sensex finished the trading day down by 0.09%, closing at 81,151. Over 350 constituents of the Nifty 500 index closed in the red,

The S&P BSE Sensex was down 73.48 points to close at 81,151.27, while the NSE Nifty50 lost 72.95 points to end at 24,781.10.

Indian equities in a highly volatile session ended Monday's session (October 21). Nifty closed the session at 24,781.1, down 0.29 per cent or 72.95 points, while Sensex ended lower by 0.09 per cent or 73.48 points at 81,151.27. Broader markets, however, tumbled sharply with Nifty Midcap 100 ending 1.7 per cent lower.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,925 level, a discount of nearly 25 points from the Nifty futures’ previous close.

V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that with the US markets setting new record highs, the global stock market rally appears intact. The steady decline in crude and stability in the US bond yields impart resilience to the stock market despite the lingering tensions in the Middle East.

The Indian stock markets recorded their third consecutive weekly loss, marking the longest losing streak of 2024, despite a Friday surge that helped minimize the overall decline. The Nifty closed at 24,

Tech Mahindra, HDFC Bank, and Axis Bank were among the top leaders on BSE Sensex, while Kotak Mahindra Bank, Bharti Airtel, and M&M were among the laggards. The BSE Sensex surged around 419 points or 0.

Indian indices opened higher, led by HDFC Bank and Reliance, despite negative global cues. HDFC Bank shares surged over 3% after strong quarterly profits.

Indian benchmark indices BSE Sensex and Nifty 50 opened higher on Monday, tracking Friday's gains on Wall Street.