Business

Equities Decline In Early Trade; Sensex Falls 263 Points

Benchmark equity indices declined in early trade on Thursday owing to continuous foreign fund outflows.

Extending its previous day’s downtrend, in early trading, the 30-share BSE Sensex plummeted 263.07 points to 73,203.32, while the NSE Nifty slid 84.45 points to 22,218.05.

L&T, Divi’s Labs, ICICI Prudential, Tata Power, Varun Beverages, Power Finance Corp, United Spirits, TCS, Tech Mahindra, and BPCL were the top laggards.

Among the gainers were Adani Power, Hero MotorCorp, TVS Motor Company, Mahindra & Mahindra, and Pidilite Industries.

In Asian markets, Tokyo, Hong Kong, Malaysia, Thailand, and Shanghai were trading higher, while Singapore, South Korea, and Taiwan were trading lower.

On Wednesday, US markets closed on a mixed note.

Brent crude gained 0.30 percent to USD 83.88 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 6,669 crore on Wednesday.

On Wednesday, the Sensex dipped 45.46 points or 0.06 percent to 73,466.39, while the Nifty remained unchanged at 22,302.50.

Also read: Istanbul Witnesses Boeing Cargo Plane Touchdown Without Front Landing Gear; No Casualties

Spriha Rai

Recent Posts

How US Presidential Election Is Conducted – Explained

The US presidential election is a complex, multi-step process that involves both voters and an…

12 mins ago

Mumbai Police Uncover Connections & Weapons In Baba Siddiqui Murder Investigation

The Mumbai Police disclosed that the firearms used to assassinate late NCP leader Baba Siddiqui…

60 mins ago

Mumbai Police Investigate New Death Threat Against Salman Khan Linked To Gangster Lawrence Bishnoi

Mumbai Police is investigating a threatening message directed at actor Salman Khan, allegedly originating from…

1 hour ago

Uttar Pradesh Government To Tighten Control Over DGP Appointment Before By-Elections

Ahead of the by-elections, CM Yogi Adityanath's government in Uttar Pradesh will take greater control…

2 hours ago

Somy Ali Opens Up About Her Past With Salman Khan, Says “Being Known As His Ex Is A Curse”

Somy Ali, the former Bollywood actress and dedicated social worker, has shared her feelings about…

2 hours ago

External Affairs Minister S Jaishankar Raises Alarm Over Attack On Hindu Temple In Canada

External Affairs Minister S Jaishankar expressed grave concerns regarding the recent violent incident at a…

3 hours ago