Mumbai: Benchmark indices Sensex and Nifty closed lower on Monday due to weak global cues amid caution ahead of the US Fed interest rate decision later this week. BSE’s 30-share benchmark Sensex settled down 384.55 points, or 0.47 percent, at 81,748.57. During the day, it fell 581.84 points or 0.70 percent to 81,551.28.
The NSE Nifty lost 100.05 points or 0.40 percent to 24,668.25.
Titan, Adani Ports, Ultratech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the top losers among the 30-share Sensex blue-chip pack.
On the other hand, IndusInd Bank, Bajaj Finance, Power Grid, Mahindra & Mahindra and Axis Bank have increased.
In the Asian market, the prices of Seoul, Tokyo, Shanghai and Hong Kong have decreased.
European markets were quoted in the red. Wall Street ended mostly lower on Friday.
Meanwhile, inflation based on wholesale prices of cheaper food items fell to a three-month low of 1.89 percent in November.
Foreign institutional investors (FIIs) bought equities worth Rs 2,335.32 crore on Friday, exchange data showed.
Global oil benchmark Brent crude fell 0.75 percent to US$73.91 a barrel.
The BSE benchmark Sensex settled 843.16 points, or 1.04 per cent, at 82,133.12 on Friday. The Nifty settled 219.60 points, or 0.89 per cent, at 24,768.30.