A tired stock market on the first day of the week

Stock markets have seen a decline since the beginning of the week.  The alarming voices of global investors also pushed domestic traders to such a sentiment. This caused the market to fall.

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With the country's Retail Price Inflation data expected to be released after the market close, stock traders were hesitant due to inflation wariness.

As was the case on Friday last week, on Monday, market trading started sluggishly with no sign of a major upswing and saw a dip towards the end of trading.

Stocks in information technology, financials and home appliances sectors were selling off sharply, which was a major reason for the decline in the market.

Foreign investors continue to pull out their investments.  This is also a factor affecting the market.  190 crore rupees were taken out on Sunday alone.

Another factor affecting the market is the depreciation of the Indian rupee.

According to experts, the market saw a decline yesterday due to various aspects like decline in industrial production growth, depreciation of rupee, concern that inflation may increase, global market situation.

However, the decline has been moderated by the country's strong revenue growth, economic stability and domestic corporate investments.

Public sector banks are performing well due to strong credit growth, improved asset quality and strong balance sheets.