Sensex down 100 pts; Talbros, Tata Invest soar up to 16%

After a quiet start to the trading day, the key benchmark indices drifted lower amid weakness in financial shares in Monday’s intra-day trades.

The S&P BSE Sensex touched a low of 65,666, and was down 100 points at 65,700. The NSE Nifty50 was seen holding the 19,700-level.

IT shares were seen holding steady gains, HCL Technologies up over 1 per cent was the top mover among the Sensex 30. TCS and Infosys were up 0.4 per cent each. That apart, NTPC, SBI, Tata Motors and Tech Mahindra were the notable gianers.

On the other hand, Axis Bank was down nearly 1 per cent. Larsen & Toubro, Mahindra & Mahindra, Asian Paints and Nestle were the other prominent losers, down over 0.5 per cent.

The broader indices, however, were quoting with modest gains. The BSE MidCap index was up 0.3 per cent, while the SmallCap added 0.6 per cent.