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

Maha Kumbh 2025: Yogi Government’s Strategic Coordination Ensures Timely Preparations

For Maha Kumbh 2025, preparations are in full swing as authorities work to ensure all…

6 hours ago

In Special Gesture, Kuwait’s Prime Minister Sees-Off PM Modi At Airport After Conclusion Of Historic Visit

Prime Minister Narendra Modi wrapped up his two-day visit to Kuwait on Sunday evening. In…

7 hours ago

Maha Kumbh 2025: Shri Panchdashnam Aawahan Akhara Makes Grand Entry Into Maha Kumbh City

Maha Kumbh 2025 with preparations for the Maha Sammelan are in full swing as 13…

8 hours ago

India’s Unifying Initiative: MRM Declares Bhagwat’s Message As The Foundation Of National Unity

The MRM strongly endorsed Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s statement on temple-mosque disputes.…

8 hours ago

Maha Kumbh-2025: Prayagraj Mela Authority Deploys Advanced Sanitation Technology

For Maha Kumbh-2025, the Prayagraj Mela Authority has made extensive preparations to provide a clean…

9 hours ago

PM Narendra Modi To Attend Christmas Celebrations At CBCI In New Delhi

Prime Minister Narendra Modi is all set to attend the Christmas celebrations at CBCI Centre…

10 hours ago