Equity benchmark indices Sensex and Nifty fell in early trade on Friday owing to unfavourable global trends and continued foreign fund outflows.
The 30-share BSE Sensex sank 185.42 points to 73,478.30. The NSE Nifty dropped 50.35 points to 22,353.50.
HAL, Marico, Eicher Motors, L&T, Nestle India, Cipla, Britannia, SBI Life Insurance, Tata Consumer, Cholamandalam Invest, and Godraj Consumer were the top laggards.
Among the gainers were Mahindra & Mahindra, Info Edge(India), Zydus, Siemens, Power Finance Corp, IRFC, Interglobe Aviation, Bharat Electronics, and Adani Enterprises.
In Asian markets, Singapore, Hong Kong, Indonesia, Thailand, and Malaysia were trading higher while, Tokyo, South Korea, Shanghai, and Taiwan were trading lower.
US markets closed lower on Thursday.
Brent crude gained 0.25 percent to USD 83.48 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 776.49 crore on Thursday.
On Thursday, the BSE benchmark jumped 676.69 points or 0.93 percent to 73,663.72, while the Nifty soared 203.30 points or 0.92 percent to 22,403.85.
Also read: Friendly Fire Kills 5 Israeli Soldiers In Gaza Strip
Apple fans reached Saket’s Apple Store before sunrise, hoping to become among the first customers…
Human rights activist Arif Aajakia raised concerns over Pakistan’s water crisis, military influence and terrorism…
Indian markets opened higher on Friday, led by positive global cues and gains in metal,…
Starlink is growing by nearly nine satellites a day on average, with SpaceX deploying them…
Police arrested a 42-year-old woman in Bajhang after a video allegedly showing her throwing a…
Delhi-NCR may receive light to moderate rain on Friday, with temperatures up to 35°C and…