Closing market, Sensex, Nifty: Indian equity benchmarks ended lower on Monday, snapping a four-session winning streak, as profit booking in heavyweight stocks pulled the market down. The BSE Sensex closed at 83,600.43, down 452.44 points, or 0.54 per cent, while the Nifty50 declined 120.75 points, or 0.47 per cent, to settle at 25,517.05.

Selling pressure was visible in key index constituents including Maruti Suzuki, Axis Bank, Kotak Mahindra Bank, UltraTech Cement, NTPC, Reliance Industries (RIL), and Asian Paints. However, the downside was partially capped by gains in Trent, SBI, Bharat Electronics (BEL), Zomato (Eternal), and Tech Mahindra.

In the broader markets, mid- and small-cap stocks outperformed the benchmarks. The Nifty MidCap index ended higher by 0.16 per cent, while the Nifty SmallCap index added 0.35 per cent, reflecting continued investor appetite for broader market themes. Meanwhile, India VIX, the volatility index, rose by 3.21 per cent, indicating heightened market nervousness.

On the sectoral front, the Nifty PSU Bank index emerged as the top performer with a gain of 2.66 per cent, supported by strength in stocks like SBI and Shriram Finance. The financial services and media sectors also ended in the green. In contrast, FMCG, private banks, real estate, auto, and metal indices closed in the red, signaling pressure across consumption and cyclical segments.

Top gainers on the Nifty included SBI, Trent, Shriram Finance, IndusInd Bank, and Bharat Electronics, while Maruti, Axis Bank, UltraTech Cement, and Kotak Mahindra Bank were among the notable laggards.

As markets step into a new week, investor focus will likely turn to global cues, macroeconomic data releases, and the upcoming earnings season for fresh direction.