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

Shreyas Iyer Looks To Strengthen India’s Combination Ahead Of Asian Games

India T20I captain Shreyas Iyer says the Asian Games will give India an opportunity to…

22 mins ago

Ranveer Singh And Deepika Padukone Welcome Baby Girl

Ranveer Singh and Deepika Padukone have welcomed their second child, a baby girl, on September…

52 mins ago

Barapullah Phase III Set For September 29 Opening, Amit Shah To Inaugurate

Union Home Minister Amit Shah will inaugurate Delhi’s Barapullah Phase III corridor on September 29,…

1 hour ago

Amit Shah Says ABVP’s DUSU Result Shows Youth Support For ‘Nation First’

Union Home Minister Amit Shah welcomed the ABVP’s performance in the Delhi University Students’ Union…

2 hours ago

Samrat Choudhary Donates One Month’s Salary To Support Bihar Flood Victims

Bihar Chief Minister Samrat Choudhary has donated one month’s salary to the Chief Minister’s Relief…

2 hours ago

India-China Ties Need Pragmatic Approach For Stability

India and China need pragmatic engagement, stronger economic capabilities and sustained dialogue to manage strategic…

3 hours ago