Sensex settled 178 points or 0.34% lower at 52,323, while Nifty slipped 76 points or 0.48% to close the day at 15,691
A key beneficiary of an uptick in construction activity that led by lifting of lockdown restrictions is the building material sector
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At open, Sensex fell 185 points or 0.35% to 52,316, while the broader Nifty 50 declined 58 points or 0.37% to 15,709
Shyam Metalics and Energy received bids for 256.05 crore shares as against 2.10 crore shares on offer, according to exchange filing
Sona BLW Precision Forgings received bids for 24.43 crore shares as against 10.71 crore shares on offer, according to the stock exchange data
The nifty Metal index lost the most tanked 2.85%, followed by Nifty Realty index plunging 1.26%.
In the month of May mutual funds increased weightage on PSU Banks, Oil & Gas, Automobiles, Capital Goods, Insurance, and Private Banks.
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All sectoral indices were trading in the green with Nifty PSU Bank index leading the pack with gains of 0.65%