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Stock Market Highlights: Sensex ends 1,172 pts lower, Nifty below 17,200 dragged by Infosys, HDFC Bank; VIX jumps 9%

CNBCTV18 logo CNBCTV18 18-04-2022 Sandeep Singh

Stock Market Highlights: Indian equity benchmarks BSE Sensex and NSE Nifty50 extended losses to a fourth straight session on Monday tracking weakness across global markets. Losses in financial, IT and oil & gas shares pulled the headline indices lower, though gains in select auto, metal and FMCG stocks lent some support. Heavyweights HDFC Bank and Infosys -- which reported disappointing financial results for the January-March period last week -- were the biggest drags on the indices.

Broader markets also weakened, with the Nifty Midcap 100 and Nifty Smallcap 100 indices declining more than one percent. Investors awaited more earnings reports from India Inc for cues. Mindtree will report its results for the January-March period later in the day.

Globally, news flow on the Russia-Ukraine war and rising COVID cases in China remained on investors' radar.

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