Indian market snapped a 3-day winning streak on Monday to close marginally in the red following muted global cues. The S&P BSE Sensex was down by nearly 100 points while the Nifty50 managed to hold on to 16,200 levels. Sectorally, buying was seen in power, utilities, oil & gas, energy, and metals while some selling was visible in IT, capital goods, and telecom stocks.