The global crypto market cap was down by almost a per cent to $1.96 trillion compared with last day. The total crypto market volume, meanwhile, zoomed about 44 per cent to $102.63 billion.

For malls and restaurants, the steady decline in numbers comes after Christmas. New Year was subdued because of the onset of the third wave, which has now led to business declining by half or falling down to zero on weekends in markets like Delhi.

Jefferies noted that shares of Reliance Industries underperformed Nifty50 by 5 percent in 2021 and believes this underperformance will reverse.

The global crypto market cap was flat at $1.97 trillion compared to the last day. The total crypto market volume tanked about 23 per cent to $71.19 billion.

SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 87244.17 Crore) operating in Financial Services sector.

The Nifty Pharma index was trading 0.03 per cent down at 13854.3.

Among Sensex names, TCS rose 1.8 per cent to Rs 3,924 apiece on BSE. The IT major will report its quarterly earnings on Wednesday and its board will consider a share buyback.

Oil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19 variant hit economic activity, although losses were curbed by supply disruptions in Kazakhstan and Libya. Brent crude slid 38 cents, or 0.46%, to $81.37 a barrel, while U.S. West Texas Intermediate (WTI) crude was down 34 cents, or 0.43%, to $78.56 a barrel.

Asian share markets were muted on Monday as investors count down to another U.S. inflation reading that could well set the seal on an early rate hike from the Federal Reserve, lifting bond yields and punishing tech stocks.

GNA Axles, 5Paisa Capital, Vikas Lifecare, Ganga papers India, Excel Realty and Add-Shop ERetail are among the companies that will announce their December quarter results today.