Business

Early trading saw a fall in equity markets due to ongoing withdrawals of foreign funds

Benchmark equity indices fell in early trade on Thursday, owing to ongoing foreign money withdrawals and mixed global market trends.

The BSE Sensex dropped 102.13 points to 64,873.48. The Nifty lost 34.35 points to 19,409.15.

Tech Mahindra, Reliance Industries, Hindustan Unilever, HDFC Bank, Infosys, and JSW Steel were the Sensex’s major laggards.

Among the winners were Mahindra & Mahindra, ICICI Bank, Maruti, Wipro, Larsen & Toubro, and Tata Motors.

In Asian markets, Seoul, Tokyo, and Shanghai were trading higher, while Hong Kong was trading lower.

On Wednesday, the US markets ended on a mixed note.

Brent crude gained 0.23 percent to USD 79.72 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 84.55 crore on Wednesday.

On Wednesday, the BSE Sensex climbed 33.21 points or 0.05 percent to 64,975.61. The Nifty gained 36.80 points or 0.19 percent to 19,443.50.

Also read: Israeli Military says Hamas has lost control in Northern Gaza

Spriha Rai

Recent Posts

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

10 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

10 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

10 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

11 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

11 hours ago

Centuries-Old Bonds Strengthen As India-Thailand Deepen Partnership: PM Modi

PM Modi and Thai PM Paetongtarn Shinawatra elevate India-Thailand ties to a strategic partnership in…

11 hours ago