Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj Finserv

Indian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to rising oil prices and geopolitical tensions. Swiggy announced a stake sale in Lynks Logistics for approximately $52.4 million. Mahindra & Mahindra maintained its leadership in the domestic tractor market by volume. REC issued India's first pilot tokenized corporate bonds, receiving strong investor interest.

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