MARKET LIVE: Nifty approaches 18,700; Sensex recoups its losses, rising 400 points from its low. 

 

Stock market updates: Nifty metal was the only sector to increase, while the oil and gas index decreased by 1%, followed by the FMCG and IT sectors.

 

 

Live stock market updates: Domestic stocks continued to decline on Monday as a few large companies, including Reliance, Infosys, and the HDFC twins, saw up to 1% declines.

 

The NSE Nifty50 dropped 90 points to 18,600, and the BSE Sensex dropped 300 points to 62,550.

 

Meanwhile, the larger markets started to fluctuate. While the SmallCap index increased 0.17 percent, the BSE MidCap fell by 0.4%.

 

Nifty Metal was the only sector to experience growth, while the oil and gas index lost 1%, followed by the FMCG and IT sectors.

 

Ion Exchange's stock price increased by nearly 4% after the company received an order for Rs 343.36 crore from Indian Oil Corporation.