Sensex snaps 2-day losing streak, ends below 17,117

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Sensex snaps 2-day losing streak, ends below 17,117

The rise in oil prices played spoilsport on Monday as the benchmark indices snapped two sessions of a gaining streak due to the prolonged Russia-Ukraine war.

Sensex plunged 571.44 points to close at 57,292. It lost 634.85 points or 1.09 per cent to 57,229. During the day, it dropped to 634.85 points or 1.09 per cent. The Nifty fell by 169.45 points or 0.98 per cent to end at 17,117. The Indian equity market is likely to open flat today as the SGX Nifty was trading 26.6 points higher at 17,194. The Singapore Stock Exchange is considered to be the first indication of the opening of the Indian market.

On Monday, the benchmark indices snapped two sessions of a losing streak as rising oil prices played spoilsport amid a prolonged Russia-Ukraine war.

Sensex dropped 571.44 points to close at 57,292. It dropped 634.85 points or 1.09 per cent to 57,229. The Nifty declined by 169.45 points or 0.98 per cent to end at 17,117. Power Grid, Asian Paints, UltraTech Cement, Nestle, Hindustan Unilever Limited and HCL Technologies were among the top Sensex losers, falling to 2.93%.

Sun Pharmaceutical, HDFC Bank, Maruti, Titan and NTPC were the only gainers, rising to 0.41%.