Indian Share Markets Close Slightly Lower At Closing Bell Despite Early Gains

Mumbai, December 1 (TNA) The Indian share markets ended the trading session on Monday, with mild losses after showing early optimism. The BSE Sensex closed at 85,641.90, down by 64.77 points or 0.08 per cent, while the NSE Nifty 50 ended at 26,175.75, registering a decline of 27.20 points or 0.10 per cent. Although the markets hit new intraday highs early in the session, they gave up gains by the close amid cautious investor sentiment. Key sectors such as banking and finance recorded mixed performances, with Axis Bank and HDFC Bank among the top gainers, while ITC, Titan, and Tata Consultancy Services (TCS) faced selling pressure.

Foreign Institutional Investors (FIIs) continued to offload equities, selling shares worth Rs 3,795 crore, partially offset by buying from Domestic Institutional Investors (DIIs), adding Rs 4,148 crore. Market analysts pointed to upcoming events like the Reserve Bank of India’s policy meeting and U.S. Federal Reserve decisions later this month as key factors influencing short-term market movements. Despite the subdued close, the markets remain supported by India’s strong economic growth outlook and resilient earnings season.