Here's the simplest explanation of all the stock market actions happening today

The Nifty and the Sensex came under selling pressure at the very start of the week, losing ground right in from the start of trading on Monday. State-run lenders are the ones showing strong traction after the government took a series of steps to boost sentiment on PSU lenders and said people from the private sector will head some of these banks. Metals, too, showed upticks. Here is snapshot how stocks and indices are trading with special emphasis on the futures and options market.

MAJOR INDICES: Nifty fell 0.4% to 8,485 points Sensex dropped 0.6% to 27,901 points Bank Nifty added 0.7% to 18,860 points

CNX PSU Bank surged 6.4% to 3,705 points CNX Metal Index was up 1.3% to 1,946 points

CNX Media lost 1% to 2,475 points CNX IT Index lost 0.5% to 11,992 points CNX Energy fell 1.2% to 8,306 points CNX Pharma dropped 0.4% to 13,091 points



TOP GAINERS Bank of Baroda Canara Bank Amara Raja Batteries

TOP LOSERS Kaveri Seed Amtek Auto Cipla Unitech



TOP OI GAINERS Kaveri Seed Bank of Baroda Amara Raja Batteries

TOP OI LOSERS Dr. Reddy's Bajaj Finance M&M

TOP TRADED State Bank of India Bank of Baroda Cipla

ADVANCE DECLINE RATIOS: SENSEX: 11/19 NIFTY: 17/31 BROADER MARKET: 1350/1396 FUTURES & OPTIONS: 73/87

(Image credits: Indiatimes)