After opening higher, the Indian stock market reversed course and fell sharply on Monday as a mix of headwinds and tailwinds kept investors on edge.
At 11.15 AM, the Sensex had dropped over 500 points to 72,917 while the Nifty 50 had shed over 100 points to trade below 22,400 Sensex had opened over 400 points higher before quickly reversing course and wiping out its opening gains. Broader markets remained in the green, with Nifty Midcap 100 and Nifty Smallcap 100 indices rising up to 1%.