The market is still volatile as the Sensex is down 24.39 points or 0.10 percent at 25177.51. The Nifty is down 14.95 points or 0.2 percent at 7640.10. About 743 shares have advanced, 1313 shares declined, and 69 shares are unchanged. HDFC, Tata Motors, Cipla, Maruti and ITC are top gainers in the Sensex. Among the losers are GAIL, Coal India, Lupin, Dr Reddy's Labs and Bharti Airtel. Gold extended losses into a fourth straight session on Monday, struggling near a 2.5-week low after US payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike.
Bullion had come under pressure on Friday after data showed nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, and the jobless rate dropped to a 7-1/2-year low. The jobs count, however, may have been tarnished by a statistical fluke that has often led to sharp upward revisions to payroll figures for August after initial weak readings.
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