Business

Sensex drops 143 points owing to persistent outflow of foreign funds

The benchmark Sensex slumped by 143 points on Thursday due to ongoing foreign fund outflows and conflicting global market trends.

The 30-share BSE Sensex fell 143.41 points or 0.22 percent to 64,832.20. It slid 206.85 points or 0.31 percent to 64,768.76 during the day.

The Nifty dropped 48.20 points or 0.25 percent to 19,395.30.

The major laggards on the Sensex were Hindustan Unilever, Tech Mahindra, Infosys, Reliance Industries, Bajaj Finance, Tata Consultancy Services, Titan, and UltraTech Cement.

Among the winners were Mahindra &a Mahindra, Power Grid, IndusInd Bank, Tata Motors, Larsen & Toubro, and Maruti.

In Asian markets, Seoul, Tokyo, and Shanghai finished up, while Hong Kong finished lower.

The majority of European markets were trading in the green.

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

Brent crude rose 0.99 percent to $80.33 per barrel.

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

On Wednesday, the BSE benchmark grew 33.21 points or 0.05 percent to 64,975.61. The broader Nifty advanced 36.80 points or 0.19 percent to 19,443.50.

Also read: Thailand’s Miss Universe owner files for bankruptcy

Spriha Rai

Recent Posts

Jamia Hamdard NCC Unit Marks 78th NCC Day With High-Spirit Celebrations, Ceremonial Display & Cadet Honours

Jamia Hamdard celebrated the 78th NCC Day with spirited ceremonies, leadership messages, cultural performances, and…

2 hours ago

Chandigarh Railway Station Upgrade Speeds Ahead As Railway Minister Ashwini Vaishnaw Reviews Progress

Union Railway Minister Ashwini Vaishnaw reviewed Chandigarh Railway Station’s redevelopment, assessed upgrades, pushed timely delivery,…

3 hours ago

Indian Government Issues Warning As Fake ‘Free Laptop 2025’ Message Spreads Online

A fake WhatsApp message claiming the government offers free laptops to all students in 2025…

7 hours ago

Reforms And Enterprise Driving India Forward, Says PM Modi On 8.2% GDP Growth

India’s Q2 FY26 GDP jumps 8.2%, led by strong consumption, manufacturing, and services, defying global…

8 hours ago

Sculpt Your Wedding Arms: Trainer Reveals Proven Toning Plan

Trainer Julie Capozziello guides brides to build muscle first, reduce fat, and sculpt toned, elegant…

8 hours ago

PM Modi Participates In Mass Gita Recitation At Udupi, Says The Experience Strengthened His Resolve To Serve The Nation

Prime Minister Narendra Modi joined one lakh devotees in the ‘Laksha Kantha Gita’ chanting at…

9 hours ago