Dalal Street Closes Lower As Sensex Declines Over 200 Points, Nifty Tests 24,400

Summary

The Indian benchmark indices closed lower, with the Sensex declining 206 points to 78,078 and the Nifty falling 76 points to 24,353. Most equity markets across the Asia Pacific region also traded lower, led by South Korea's Kospi, which dropped nearly 5 percent. US equities, however, closed higher on Monday, with the Dow Jones Industrial Average reaching a fresh record high, driven by continued optimism about corporate earnings.