Indian stock benchmark Sensex declined 251 points on Monday, pressured by heavy selling in IT, bank and finance stocks amid a mixed trend overseas.

The 30-share BSE Sensex fell for a second straight session, ending 250.86 points or 0.41 percent lower at 60,431.84. The index fluctuated throughout the day, reaching a top of 60,740.95 and a low of 60,245.05, while the NSE Nifty, a wider index, lost 85.60 points or 0.48 percent to end at 17,770.90.

SBI, which dropped 2.83 percent, was the biggest loss in the Sensex pack, followed by Infosys, TCS, Bajaj Finance, Tech Mahindra, Wipro, and Axis Bank. ON the other hand, Titan, L&T, NTPC, Power Grid, Sun Pharma, ITC, and HDFC, Bank, HDFC Housing were among the notable winners, jumping as much as 1.97%.

The BSE midcap and smallcap indices declined up to 1.25 percent in the overall market. Sector-wise, BSE services, IT, real estate, telecommunications, and commodities all finished lower by up to 2.30 percent, while capital goods and industrials rose.

International Markets: Global shares were mixed ahead of the eagerly anticipated US inflation report, which will decide how quickly the Federal Reserve raises interest rates. Shanghai ended the day higher while markets in Seoul, Hong Kong, and Tokyo closed lower. The afternoon session saw positive activity on European stock exchanges. On Friday, the US stock markets recorded positive closing prices.

Rupee Vs Dollar: On Monday, the rupee lost 15 paisas to end the day at 82.73 (provisional) against the US dollar.
Cruide Oil: Benchmark Brent crude for international oil prices was down 1.34 percent at USD 85.23 per barrel.
According to exchange data, foreign institutional investors (FIIs) switched from sellers to buyers on Friday, buying shares worth a net of Rs 1,458.02 crore.

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