New Delhi, June 30 -- The Indian stock market came under selling pressure in Monday's session, June 24, as the strong rally over the past few trading sessions triggered profit booking-particularly in banking stocks-causing the frontline indices to snap their four-day winning streak.

While consumer, pharma, and public sector stocks provided some support, it wasn't enough to help the indices notch another positive close. Despite ending the final trading session of June in the red, the Indian stock market still closed the month in the green, with both the Nifty and Sensex gaining over 2.9%.

(more to come)

Published by HT Digital Content Services with permission from MINT....