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The Nifty faced selling pressure, closing below 23,700 and breaching the 200-day EMA, signalling a bearish trend. Failure to hold current levels could see support at 23,270 and 23,000. A breakout above 24,000 is crucial to restore bullish momentum, said Mandar Bhojane of Choice Broking.

Despite the Sensex falling 1258 points, 9 stocks from the BSE Consumer Discretionary Index hit 52-week highs. This indicates strong performance within the sector, despite the broader market weakness.

Brokerage firm ICICI Securities on Monday settled a case pertaining to the alleged violation of stock brokers rules with capital markets regulator Sebi, after paying Rs 40.2 lakh towards settlement charges.

Quadrant Future Tek plans to raise Rs 290 crore through an IPO to repay debt, fund capex, and support working capital. The company is expanding into EVs, renewable energy, and railways while facing margin challenges from its growing signaling business.

SEBI revised settlement norms for brokerage accounts of inactive clients, aligning them with the monthly/quarterly settlement cycle. The changes simplify processes, reduce inefficiencies, and address broker concerns while maintaining investor protection and facilitating ease of business operations.

Gold prices plunged Rs 700 to Rs 79,000 per 10 grams in the national capital on Monday, according to the All India Sarafa Association. The precious metal had ended at Rs 79,700 per 10 grams on Friday.

Quadrant Future Tek on Monday said it has raised over Rs 130 crore from anchor investors a day before its initial share sale opening for public subscription.

Indian indices plunged on Monday, led by concerns over the emergence of HMPV cases. The Sensex fell 1258 points, and Nifty closed at 23,616. A large bearish candle suggests strong resistance. Support at 23,460 is crucial; a breach could trigger a sharper correction.

In response to reports of a Rs 1,000 crore IPO, BPCL confirmed that its board has approved the proposal, pending regulatory and other approvals. According to an ET report, BPCL, GAIL India, and IGL are planning to list their joint venture city gas distribution company in the upcoming fiscal year.

A "Turnaround Story YoY" refers to a company shifting from a net loss in the same quarter last year to a net profit this quarter, indicating a strong financial recovery and improvement.