Sensex, Nifty end lower, Consumer durables, IT buck the trend

Indian equity indices ended lower on Monday with Nifty around 23,350  amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. At close, the Sensex was down 319.22 points or 0.41 percent at 77,186.74, and the Nifty was down 121.10 points or 0.52 percent at 23,361.05.
Biggest Nifty losers were L&T, ONGC, Bharat Electronics, Tata Consumers and Coal India, while gainers included Bajaj Finance, M&M, Wipro, Shriram Finance, Bajaj Finserv. BSE Midcap index down nearly 1 percent and smallcap index fell 1.7 percent.
On the sectoral front, except Consumer Durables (up 0.5 percent) and IT (up 0.7 percent), all other sectoral indices ended lower with capital goods index down 4 percent, energy, metal, oil & gas, power, PSU indices down 2-3 percent.
Indian rupee ended 58 paise lower at fresh record low at 87.19 per dollar on Monday versus Friday's close of 86.61.
Meanwhile, India's manufacturing sector growth started the year 2025 on a strong footing and touched a six-month high in January, fuelled by the steepest upturn in exports in nearly 14 years, a monthly survey said on Monday.