Business

Share Markets Dip In Early Trade Owing Negative Trends In US Markets And Foreign Fund Outflows

Benchmark equity indices fell in early trade on Wednesday, reflecting negative trends in the US markets and ongoing foreign money outflows.

The BSE Sensex dropped 202.34 points to 65,743.13. The Nifty lost 60.55 points to 19,604.15.

Among the Sensex companies, the top laggards were Bajaj Finance, Tech Mahindra, Tata Steel, HDFC Bank, Titan, and ICICI Bank.

Among the gainers were Sun Pharma, IndusInd Bank, Larsen & Toubro, and UltraTech Cement.

In Asian markets, Seoul and Tokyo were trading down, while Shanghai and Hong Kong were trading higher.

The US markets concluded lower on Tuesday.

Brent crude rose 0.99 percent to USD 94.89 a barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 693.47 crore on Tuesday.

On Tuesday, the BSE benchmark declined 78.22 points or 0.12 percent to end at 65,945.47. The broader Nifty sank 9.85 points or 0.05 percent to 19,664.70.

Also read: Speaker Of Canadian Parliament Resigns Amid A Controversy Over-Praising Nazi-Linked Veteran

Spriha Rai

Recent Posts

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

3 mins ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

20 mins ago

Delhi HC Rejects Khalid Saifi’s Plea To End Attempted Murder Case In 2020 Riots

The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…

1 hour ago

Maha Kumbh 2025: Uttar Pradesh Enhances Security With Face Recognition Cameras

To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…

1 hour ago

SBI CME Soldierathon Set To Honour Indian Army’s Brave Soldiers On 244th Sappers Day At CME Pune

This landmark event, organized at the historic Military Institute, will honor the sacrifices of the…

2 hours ago

SC Seeks Responses In Mathura Krishna Janmabhoomi-Idgah Dispute, Grants Two Weeks To All Parties

The Supreme Court has also paused the Allahabad High Court’s order for a survey of…

2 hours ago