Sensex falls over 200 pts, Nifty tests 23,400; BSE SmallCap outperforms

Indian shares opened lower on Monday, influenced by mixed global signals.

BSE Sensex dropped 394 points or 0.51 per cent to 76,816.22 levels. NSE’s Nifty50, on the other hand, slipped 122 points or 0.52 per cent to 23,379.45 levels.

Sun Pharma, ITC were the top gainers while IndusInd Bank, Tata Steel were the top laggards on BSE.

Similarly, on NSE, Sun Pharma, Wipro were the top gainers while IndusInd Bank, Cipla were the top laggards.

Broader markets also slipped in trade. Nifty SmallCap dropped 0.32 per cent while MidCap slipped 0.47 per cent.

Sectorally, PSU Bank fell the most, down 1.19 per cent, followed by Meta (down 1.04 per cent). FMCG was the only gainer, up 0.09 per cent.