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

PM Modi Highlights India’s Key November Achievements In ‘Mann Ki Baat’

Prime Minister Modi highlighted India’s major achievements in November during the 128th episode of his…

44 mins ago

Delhi-NCR Sees Another Day Of Toxic Air As Pollution Persists

Delhi woke to a blanket of haze on Sunday, with the average AQI touching 270…

3 hours ago

India Strengthens Sri Lanka Relief Efforts As Cyclone Ditwah Causes Widespread Damage

India has stepped up relief efforts in Sri Lanka as Cyclone Ditwah brings widespread devastation…

4 hours ago

PM Modi To Address Nation In 128th ‘Mann Ki Baat’ Episode Today

Prime Minister Narendra Modi will address the nation today in the 128th episode of his…

5 hours ago

PM Modi’s Khadi Push Takes The Ramp: ‘Navyug Khadi’ Fashion Show Redefines Indian Style At Pragati Maidan

The Navyug Khadi Fashion Show showcased khadi’s modern transformation, blending PM Modi’s vision, artisan heritage,…

14 hours ago

Winter Session Set For Political Firestorm In Parliament

Parliament braces for a stormy winter session as the government pushes reforms and the Opposition…

16 hours ago