Markets slip into red after opening in green, Sensex down 150 points, Nifty below 25,000

Indian equity markets reversed their early gains on Monday, with the Sensex falling 150 points and the Nifty slipping below the 25,000 mark, after both benchmark indices began the week on a positive note amid foreign institutional investor (FII) buying. The NIFTY 50 index had opened at 25,076.40, gaining 90 points or 0.36 per cent, while the BSE Sensex started the session at 81,327.29, up 327.89 points or 0.40 per cent. However, the early momentum could not be sustained, and both indices moved into negative territory. V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said a combination of positive…