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

Reaffirming Gandhi Ji’s Global Relevance: PM Modi’s International Tributes

Prime Minister Narendra Modi continues to honor Mahatma Gandhi’s ideals beyond India’s borders. During his…

4 hours ago

Delhi High Court Upholds AIMIM’s Recognition As Political Party

'The petitioner’s arguments cannot override the constitutional rights of AIMIM members. This petition has no…

4 hours ago

‘Democracy First, Humanity First’: PM Modi Highlights India-Guyana Parallels In Parliament Address

PM Modi emphasized the shared struggles of India and Guyana for independence from colonization. PM…

5 hours ago

Maharashtra Records 65.11% Voter Turnout In Assembly Elections, Marking A 30-Year High

The rise in turnout came with an 8.5% increase in the number of eligible voters.…

6 hours ago

42 Killed, 14 Injured In Militant Ambush In Pakistan’s Kurram Agency

"42 people have died as a result of firing on passenger vehicles in Kurram district.…

7 hours ago

Delhi HC Denies Relief To Arvind Kejriwal In Money Laundering Case

The Delhi HC has refused to stay the proceedings against Arvind Kejriwal in the money…

8 hours ago