New Delhi: Markets ended in the negative zone on Monday led by poor global cues.
Sensex dropped 209.75 points or 0.60 percent to end at 34,961.52 while the Nifty fell 70.60 points or 0.68 percent to 10,312.40.
Major losers were Axis Bank, Tech Mahindra, State Bank of India, LT, IndusInd Bank, Infosys, NTPC, ONGC, ICICI Bank, Bajaj Finance, HCL Tech and HDFC, losing upto 4.78 percent. On the other hand, the top gainers on the Sensex were HDFC Bank, Hindustan Unilever, Kotak Mahindra Bank, Bharti Airtel, M&M, ITC, Sun Pharma, Nestle and Asian Paints, rising upto 1.97 percent.
The rupee meanwhile settled 7 paise higher at 75.58 (provisional) against US dollar.
Foreign institutional investors were net sellers on Friday, offloading equities worth Rs 753.18 crore, provisional exchange data showed.