Stock market update: Sensex, Nifty down; these stocks crack over 4% on NSE

NEW DELHI: Shares of KRBL (down 7.07 per cent), Idea Cellular (down 6.36 per cent) and HMT Ltd (down 4.30 per cent) cracked over 4 per cent on NSE, featuring among the top losers in morning trade on Monday.

Shares of Federal Mogul (down 4 per cent), Tata Motors (down 3.85 per cent), Siyaram Silk (down 3.21 per cent), Motherson Sumi (down 3.14 per cent) and Allahabad Bank (down 3.12 per cent) suffered losses of over 3 per cent.

Equity benchmarks were down owing to profit-booking amid mixed Asian cues on worries over a US-China trade war.


Losses in ITC, ICICI Bank, Tata Motors, Axis Bank and State Bank of India weighed on bourses.

The NSE Nifty index was trading 18 points down at 10,804, while the BSE Sensex was down 62 points at 35,628 around 10:20 am.

In the Nifty index, 21 stocks were up, while 29 were down.

Tata Motors, BPCL, NTPC and Indian Oil Corporation were leading among Nifty losers.

Shares of Idea Cellular plunged over 3 per cent in early trade on Monday after reports that the mega-merger deal of the company with Vodafone India may not meet the expected June 30 timeline as the telecom department is looking to raise a fresh demand of around Rs 4,700 crore.