Market begins week on negative note; IndiGo losses over 8 per cent

The stock market on Monday begin the week on a negative note, snapping two-day winning run.

- STATESMAN NEWS SERVICE

Nifty lost nearly 1 per cent amid weakness in broader indices and selling across the sectors.

At close, the Sensex was down 609.68 points or 0.71 per cent at 85,102.69, and the Nifty was down 225.90 points or 0.86 per cent at 25,960.55. BSE midcap index shed 1.7 per cent and smallcap index declined 2.2 per cent.

The cumulative market capitalisation of the firms listed on the BSE dropped to nearly Rs 463.6 lakh crore from Rs 471 lakh crore in the previous session.