Indian equities slip as IT and consumer staples drag indices lower
India's equity markets closed lower on Monday as losses in IT, technology and fast-moving consumer goods stocks weighed on benchmarks. The Nifty 50 fell 0.32% and the BSE Sensex 30 dropped 0.36%. Market breadth favored decliners on both exchanges, while volatility as measured by the India VIX ticked higher and key commodity and currency rates showe…