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UPL, JSW Steel, Bajaj Finance, Axis Bank and HCL Tech were among the top losers on NSE in todays trade.

The Nifty Realty index closed 0.01 per cent down at 526.85.

The Nifty Bank index closed 0.26 per cent down at 44745.05.

Indian equities were supported by strong buying in heavyweight Reliance Industries stocks, which helped the Nifty defend the support of 19,300 and end at 19,356 on Monday. However, broader markets saw losses as IT stocks underperformed, leading to weakness. Meanwhile, analysts are keeping a close eye on the upcoming

"19500 has become strong resistance for Nifty, and unless that is taken out, traders should remain cautious. Support for the Nifty is seen in the 18900-19000 band. Bank Nifty ended the week with a bearish “Shooting star” candlestick pattern on the weekly chart, a short-term bearish trend reversal pattern,” said Devarsh Vakil, Deputy Head - Retail Research, HDFC Securities.

“Foreign investors continue to provide unwavering support to the domestic market, helping to sustain the ongoing rally despite weak global cues. Indias underperformance during the year is expected to reverse moving ahead," Vinod Nair of Geojit Financial Services

The Nifty Realty index was trading 0.46 per cent down at 520.55.

The Nifty IT index was trading 0.23 per cent up at 29798.05.

The Nifty Bank index was trading 0.29 per cent down at 45171.15.

HDFC, HDFC Bank, Tata Consumer, Hindalco and Wipro were among the top losers on NSE.