Ways2Capital Closing Update : Sensex Snaps 6-day Gains; Banks Drag Nifty Below 8900

Equity benchmarks snapped six-day winning streak on Monday, with the Nifty closing below 8900 level on account of profit booking in banks, telecom and auto stocks. However, the consistent rally in index heavyweight Reliance Industries capped losses.
The 30-share BSE Sensex slipped 80.09 points to 28,812.88 and the 50-share NSE Nifty fell 42.80 points to 8,896.70 amid consolidation. However, the broader markets outperformed benchmarks despite weak breadth, closing flat with a positive bias.
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