Sensex ends 116 points lower dragged by pharma, IT stocks

Indian equity indices swung between gains and losses throughout the day tracking weaker global stocks as nervousness around the escalating conflict in the Middle East dampened risk appetite. It finally extended declines for the third straight day on Monday, dragged by pharma, realty and IT stocks, though a rise in metals stocks helped offset some intraday losses. The 30-share BSE benchmark Sensex declined 116 points or 0.17% to settle at 66,167. The broader NSE Nifty dropped 23 points or 0.12% to end at 19,728.