Stock market:Sensex down 429 points, Nifty down 17700; Shares of Paytm fell further by Rs 118

Shares of Bharti Airtel, Asian Paints, Power Grid Corp, IndusInd Bank, ITC rise

The Indian stock market is witnessing a decline on the first day of the week. The Sensex traded down 429 points at 59,206. While the Nifty is trading at 17650, down 114 points. Shares of Paytm traded down 7.51 per cent at 1446.75. The stock has seen a further decline of Rs 118 today. The stock fell 27 per cent to close at Rs 1,564 on the first day.

Shares of Reliance, Bajaj Finance, Kotak Mahindra
fall on the Sensex, while shares of Reliance, Bajaj Finance, Kotak Mahindra, Maruti Suzuki, Bajaj Finserv are down. Reliance is trading down 3.10 per cent at 2396.00. Bajaj Finance traded down 2.26 per cent at 7322.00. Shares of Paytm traded down 7.51 per cent at 1446.75. Shares of Bharti Airtel, Asian Paints, Power Grid Corp, IndusInd Bank, ITC are among the gainers. Bharti Airtel rose 5.57 per cent to close at 754.00. Asian Paints traded up 1.40 per cent at 3271.75.

The Sensex closed 372 points lower
on Thursday. Indian stock markets closed lower on Thursday. The Sensex fell 372 points to close at 59636. The Nifty fell 134 points to close at 17,764. Shares of M&M, Tech Mahindra, HCL Tech, Larsen, Tata Steel and others closed lower on the Sensex. M&M was down 3.28 per cent at 923.80. Tech Mahindra fell 3.19 per cent to close at 1566.30. However, stocks including SBI, Power Grid Corp, HDFC Bank, Reliance, ICICI Bank closed higher. SBI rose 1.16 per cent to close at 503.95. Power Grid Corp rose 0.63 percent to close at 192.35.