Today, the equities market began the day on a strong note due to favorable trends in global stock markets and foreign money inflows, but quickly became erratic.
In early trade, the 30-share BSE Sensex rose 205.08 points to 61,636.82, and NSE Nifty soared 56.2 points to 18,186.15. Later, both benchmark indices became erratic and traded modestly lower. Sensex is trading with a loss of 120 Points; Nifty is below 18100.
Among the laggards were ITC, NTPC, Titan, Larsen & Toubro, Maruti, and Tata Motors.
In Asia, Seoul, Tokyo, and Shanghai markets were trading higher, while Hong Kong was trading lower.
Meanwhile, Brent crude rose 0.71 percent to USD 76.40 per barrel.
On Thursday, the US market ended on a high note.
According to the exchange data, Foreign Institutional Investors (FIIs) continued their buying activities on Thursday, purchasing stock worth Rs 970.18 crore.
Also read: Stock Markets Surrender Intraday Gains And Decline for A Third Day
