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(PTI) Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling nearly 2 per cent each amid weak global market trends and foreign fund outflows.

Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

The NSE Nifty fell 311.05 points or 1.80 per cent to end at 17,016.30.

Among the 30-share Sensex pack, Maruti, Tata Steel, ITC, Bajaj Finance, Axis Bank, NTPC, Mahindra &amp; Mahindra and IndusInd Bank were the major laggards.

HCL Technologies, Infosys, Asian Paints, TCS, UltraTech Cement, Wipro and Nestle were the gainers.

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended sharply lower.

European bourses were trading in the red in mid-session deals. The US markets ended in the negative territory on Friday.

Meanwhile, the international oil benchmark Brent crude slipped 0.75 per cent to USD 85.50 per barrel.

Foreign institutional investors offloaded shares worth a net ₹2,899.68 crore on Friday, according to data available with BSE.

Market Close on Sep 26: Markets in free fall; Sensex, Nifty tumble nearly 2%

<ul><li>Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.</li></ul>

Jindal Stainless plunges over 8% following approval of unsecured NCDs

New IPO: WAPCOS files IPO papers with Sebi; govt to divest stake

Nifty Bank drops 2.3%; AU Small Finance Bank, Bandhan Bank and Federal Bank are among top laggards

Metropolis Healthcare stock is down 57% this year; IIFL Securities says 'buy' it

Shares fall nearly 2% on global growth worries

Nifty Microcap index down 2% in weak market; only Hester Biosciences in green

Stock Market Open: Sensex crashes 800 points, Nifty nears 17,000-mark, down 270 points

Tata Steel: BOB Capital Markets says buy the stock after the proposed merger, sees 34% upside

Rupee falls 43 paise to all-time low of 81.52 against US dollar

Stock Check: JSW Infra jumps almost 100% from IPO price in 5 months; should you still buy?

Currently trading at around ₹236, the newly listed JSW Infra has surged almost 100 percent jump from its IPO price of ₹119 in less than 5 months. Technical and fundamental experts suggest if you should still buy the infra stock.

Axis Mobile App ranks top position on NPS leaderboard

According to a survey, Consumer awareness was most notable for payment platforms such as Paytm, Google Pay, and PhonePe. However, when it comes to Net Promoter Score, Axis Mobile App claims the top position with a score of 59, followed by ICICI Bank's iMobile Pay, and then BHIM.

Weekend Wrap: From Trent to Adani Power, top news and market movers this week: 27 October 2023

The stock market cycle is always a few months ahead of the economic cycle.

From top news makers to market performance, here's the market wrap for the week ended 27 October 2023.

Why rebalancing a portfolio provides a safety net against volatility?

Investing isn't a 'set it and forget it' game.

Rebalancing a portfolio provides a safety net by helping control volatility and minimizing the impact of market downturns, even though it may not always yield higher returns compared to an unbalanced, equity-heavy approach

Rebalancing of portfolio: What is it and why is this important?

Whenever the market spikes or declines, investors are supposed to rebalance their portfolio strategically in order to stay aligned to their financial goals

Market Close on Sep 26: Markets in free fall; Sensex, Nifty tumble nearly 2%

Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 points or 1.64 per cent to settle at 57,145.22. During the day, it plummeted 1,060.68 points or 1.82 per cent to 57,038.24.

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