Markets close modestly lower; RIL, HDFC twins weigh

World markets were rattled after China intensified its regulatory crackdown on tech companies, while participants also awaited cues from the US Federal Reserve meeting later this week.

Mumbai: Equity indices nursed mild losses on Monday after choppy trade as investors pared positions in blue-chips amid a largely subdued trend in global markets. World markets were rattled after China intensified its regulatory crackdown on tech companies, while participants also awaited cues from the US Federal Reserve meeting later this week. Snapping a two-session rally, the 30-share BSE Sensex ended 123.53 points or 0.23 per cent lower at 52,852.27. Similarly, the broader NSE Nifty slipped 31.60 points or 0.20 per cent to 15,824.45.