The first trading day of this week started off with a negative bias with both Sensex and Nifty slipping close to one percent. Frontliner stock, Sesa Goa tanked over eight percent after Vedanta Resources approved a merger of Sesa Goa & Sterlite Industries into a new company Sesa Sterlite in a meeting held on Saturday. Except FMCG, all the sectoral indices were seen trading in the red. Realty and Capital Goods led the list of declines with over three percent losses. The market breadth, indicating the overall health of the market, was negative. One stock advanced against every four declining stocks.
(Pic. Source- bseindia.com)
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