Market Closing – The Sensex was down 47.79 points at 29413.66, while the Nifty was down 11.50 points at 9139.30. The market breadth was narrow as only 1,505 shares advanced against a decline of 1,409 shares, while 171 shares were unchanged.
Benchmark indices ended the day on a negative note, with the Nifty ending below the 9150-mark.
GAIL, Reliance and Indiabulls Housing were among top gainers, while NTPC, Sun Pharma and Bharti Infratel were top losers on both the indices.
Private sector lender DCB Bank share price dropped nearly 7 percent intraday Monday after subdued profit growth on elevated provisions and asset quality.
Profit during January-March quarter fell 23.88 percent year-on-year to Rs 52.9 crore as provisions increased 24.6 percent on yearly basis (up 11.1 percent QoQ) to Rs 33.9 crore.