Nifty 50 slumped 332.95 points or 1.44% to close at 22,807.55 on Monday, extending losses from Friday's close of 23,140.50. The index opened at 23,064.90 and traded in a range of 22,807.55 to 23,080.25 through the session. Sensex tumbled over 1,000 points in parallel selling pressure, according to market reports.
Broad-based weakness gripped the market as Nifty breached the 22,850 mark, erasing early gains and settling near the day's low. Volume remained subdued at nil reported on the index, though the 52-week range of 22,182.55 to 26,373.20 indicates Nifty is now trading closer to its annual lows.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22,807.55 | -332.95 | -1.44% |
| Sensex | — | -1,000+ | — |
Sector-specific drivers and individual stock movers were not detailed in available market data. Mid and small-cap segments showed resilience in prior sessions, though Monday's performance across these segments remained unclear from closing reports.
GIFT NIFTY mirrored the domestic rout, shedding 411 points or 1.77% to settle at 22,825. The contract opened at 23,172 near the previous close of 23,236 and quickly lost ground, hitting an intraday high of 23,175.50 in early trade before a sharp downdraft took hold.
| Metric | Level |
|---|---|
| Open | 23,172.0 |
| High | 23,175.5 |
| Low | 22,792.5 |
| LTP | 22,825.0 |
| Change | -411.0 (-1.77%) |
The contract collapsed through the 11:45 IST hour, dropping from 23,100 levels to below 22,980 in a matter of minutes, and continued sliding into the afternoon. By 17:05 IST, GIFT NIFTY touched its session low of 22,792.50 before stabilizing in a narrow band around 22,820-22,830 through the final hours.
GIFT NIFTY closes at 22,825 heading into Session II, tracking 17.45 points below the Nifty 50 cash close and signaling a cautious start for the next trading window.