Among the Sensex constituents, Infosys, Tech Mahindra, TCS, HCL Tech, and Adani Ports were the top laggards. SBI, Bharti Airtel, M&M, Tata Steel, and Eternal were the gainers. 

The Nifty Midcap 100 index fell 0.31 per cent, and the Nifty Smallcap 100 was down 0.41 per cent.

The Delhi Chapter of the National Real Estate Development Council (NAREDCO), under the aegis of the Ministry of Housing and Urban Affairs, hosted its Delhi Members Meet and panel discussion titled "TOD - Changing Delhi's Skyline" recently at Shangri-La Eros New Delhi.

The evening brought together policymakers, urban planners, architects, developers and industry stakeholders to deliberate on the implications of the Delhi TOD Policy 2026 and its potential to reshape the capital through mobility-centric and infrastructure-led urban development.

The discussions focused on how Transit-Oriented Development (TOD) can unlock a new phase of planned urban transformation across Delhi by integrating housing, mobility, commercial development and public infrastructure around metro and regional transit corridors. Industry experts highlighted that the newly notified policy creates one of the largest urban redevelopment opportunities in Delhi in recent decades, with nearly 207 km of metro-linked corridors and an estimated 30-40 sq km of immediately developable TOD land expected to drive long-term urban regeneration and redevelopment activity.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty dropped 360 points on Monday and moved below the 20-day moving average to settle at 23,815.9-its third consecutive daily loss, with the session showing a significant bearish candle on a gap-down open. The decline followed failed US-Iran peace talks and Prime Minister Modi's call for austerity. Overnight, the S&P 500 and Nasdaq reached new highs, each rising about 0.2%, as optimism driven by AI overcame high energy prices. Asian markets are mixed this morning. Brent oil stays near $105, copper trades close to an all-time high, silver jumped over 6% to $85, while gold remains above $4,740. GIFT Nifty is trading roughly 120 points lower, indicating a negative start. Technically, 23,700 is now critical support; dropping below could quickly lead to 23,500. Bulls need a daily close above 24,200 to regain the upper hand.

The GIFT Nifty is trading over 200 points lower.

Silver gains 6% overnight , a 2-month high. Gold prices edge higher to a three-week high.

Nitin Agrawal, CEO, Mutual Funds, InCred Money on the AMFI Data 

Equity-oriented open-ended schemes attracted net inflows of Rs 38,440 crore in April, a bullish signal for equity markets at a time of geopolitical uncertainty.

Flexi Cap retains its dominant position with net inflows of Rs 10,147 crore, the highest among all equity categories by a significant margin. The message here is consistent with what the data has been signalling for several months. In an environment where valuation dispersion across market caps is meaningful and earnings visibility varies, investors continue to reward mandates that give fund managers the latitude to navigate freely across the cap curve.

Small Cap edges ahead of Mid Cap. Small Cap funds attracted Rs 6,885 crore in net inflows versus Mid Cap's Rs 6,551 crore. This is a notable positioning signal. Small Cap funds have historically seen sharper drawdowns during periods of market stress, and the fact that investors are not only holding but actively adding to this category suggests either renewed confidence in the India growth story at the margin, or an allocation catch-up by investors who see post-correction value in smaller companies. 

Sectoral and Thematic Funds recorded net inflows of Rs 1,949 crore, subdued relative to their peak months and meaningfully lower than the broad equity categories. This is a healthy development. The frenzy of sectoral and thematic NFO-driven inflows that characterised earlier periods appears to be moderating, with investors showing a preference for diversified mandates over concentrated sectoral bets.

Multi Asset Allocation funds attracted Rs 5,113 crore in net inflows in April,  a number that continues to grow in significance month-on-month. With AUM of Rs 1,87,071 crore, this category is no longer a niche satellite choice. It is fast becoming a preferred vehicle for investors who want a single-fund solution to the asset allocation problem

From an overall perspective, equity participation is structurally deepening and diversifying. Investors are not clustering into a single market cap segment or a single theme, flows are spread across Flexi Cap, Small Cap, Mid Cap, Large & Mid Cap, and Multi Cap simultaneously. That is the behaviour of a market where investor sophistication is genuinely improving.

Second, the shift toward balanced structures is gathering pace. Multi Asset Allocation funds pulling in over Rs 5,000 crore in a single month, alongside a recovery in Arbitrage and sustained inflows into Dynamic Asset Allocation funds, suggests that investors are beginning to think in portfolio terms rather than individual fund terms. That is a meaningful structural evolution.

At the close on Monday (May 11), the total market capitalisation of all BSE Sensex companies stood at Rs 4,67,30,829.