Categories: Business

Sensex Slides After Touching An All-Time High In Early Trade; Nifty Falls Roughly 50 Points

Benchmark indices Sensex and Nifty fell in early trade on Thursday, mirroring negative trends in Asian markets and foreign fund outflows.

The 30-share BSE Sensex dipped 149.41 points to 78,524.84, after setting a fresh all-time high of 78,771.64 in early trading. The Nifty dropped 47.45 points to 23,821.35.

Havells India, PNB, Godrej Consumer, Mahindra & Mahindra, Maruti Suzuki, HCL Technologies, Tech Mahindra, Eicher Motors, Coal India, and Apollo Hospitals were the top laggards.

Among the gainers were UltraTech Cement, Grasim Industries, Dr reddy’s Labs, RECL, JSW Steel, SRF, Bajaj Holdings, Ambuja Cements, Shree Cement, and Colgate-Palmolive.

In Asian markets, Singapore, and Indonesia were trading in positive territory, while Thailand, Tokyo, Hong Kong, Taiwan, South Korea, Malaysia, and Shanghai were trading in negative territory.

US markets closed higher on Wednesday.

European markets ended lower on Wednesday.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 3,535.43 crore on Wednesday.

Brent crude lost 0.21 percent to USD 85.07 per barrel.

On Wednesday, the Sensex soared 620.73 points or 0.80 percent to 78,674.25, while the Nifty advanced 147.50 points or 0.62 percent to 23,889.90.

Also read: Israel To Roll Out Plan To Replace Hamas Government In Gaza

Spriha Rai

Recent Posts

Supreme Court To Hear Krishna Janmabhoomi Case In April, Extends Stay On Survey Order

The Supreme Court on Wednesday extended the interim stay on the Allahabad High Court's order…

25 mins ago

Saif Ali Khan And Rickshaw Driver Bhajan Singh Rana Share Heartfelt Moment After Actor’s Hospital Discharge

A day after Saif Ali Khan was discharged from the hospital, photos of the actor…

26 mins ago

Uttar Pradesh Cabinet Takes Holy Dip At Triveni Sangam During Maha Kumbh Festivities

The Maha Kumbh festivities in Prayagraj, Uttar Pradesh, reached a significant moment on Wednesday when…

31 mins ago

SC To Hear Kolkata RG Kar Medical College Rape Case Following Reinvestigation Petition

The Supreme Court will hear the Kolkata RG Kar Medical College rape and murder case…

38 mins ago

Tahir Hussain’s Interim Bail Plea Referred To CJI After Split Verdict In Supreme Court

The Supreme Court has not granted interim relief to Tahir Hussain, an accused in the…

54 mins ago

IDFC FIRST Bank Launches FIRST EARN Credit Card With Fixed Deposit & UPI Cashback

IDFC FIRST Bank, in collaboration with RuPay, has introduced a new UPI-enabled credit card named…

1 hour ago