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Stock Market: Sensex, Nifty end lower

Mumbai: Indian equity benchmark indices settled lower on Monday. The expectation over the hike in the US Federal Reserve has influenced the investors.

BSE Sensex fell by  85 points or 0.15%to close at 56,976.  NSE Nifty moved 33 points or 0.20% lower to close at 17,069. Nifty Midcap 100 index shed 0.59% and the small-cap tanked 1.34%. 7 of the 15 sector gauges compiled by the National Stock Exchange  closed lower. The overall market breadth of BSE was weak as 1,244 shares advanced and 2,218 declined.

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The top gainers in the market were IndusInd Bank, NTPC, PowerGrid, Tata Steel, ITC, HDFC,  HDFC Bank, UltraTech Cement, Bajaj Finserv, Nestle India and Bharti Airtel . The top losers in the market were Eicher Motors, Apollo Hospitals, Titan, Bajaj Auto, Tech Mahindra, Infosys, Maruti, Asian Paints, L&T, SBI,  Kotak Mahindra Bank and Wipro.

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