Monday blues on Dalal Street: Nifty, Sensex close in the red after record-breaking rally

Stock markets are down in anticipation of the US Fed meeting later this week. later this week. Investor confidence was impacted by crude supply cuts, soft rural demand and more experts say. Profit booking was seen in private banking stocks while PSU banks gained between 12-20%. Advertisement Sensex Nifty Advertisement Bank Nifty Advertisement The stock markets caught the Monday blues and broke an 11-session rally as both the benchmark indices closed in the red ahead of the US Fed meeting later this week.The benchmark indices were down by around 0.3% withshedding 241 points to 67,596 anddown by 59 points to…