Stock markets end in the red: Sensex drops 384 points, nifty closes below 24,700

Mumbai (Maharashtra) [India], December 16 (ANI): The stock market closed in negative territory on Monday with both benchmark indices posting losses amid range-bound trading.

The BSE Sensex declined by 384.55 points, settling at 81,748.57, while the NSE Nifty shed 100.05 points, closing at 24,668.25. From the Nifty pack, only nine companies advanced, while 40 stocks declined, reflecting a broadly bearish sentiment.

Among t