Business

Stock Markets Decline In Early Trading Due To Ongoing Foreign Fund Outflows

In early trade on Tuesday, equity benchmark indices fell due to continued foreign fund outflows and slow Asian market cues.

The BSE Sensex dropped 347.09 points to 65,481.32. The Nifty fell 117.3 points to 19,521.

Maruti, State Bank of India, JSW Steel, HDFC Bank, Kotak Mahindra Bank, Tata Steel, Tata Motors, ITC, Reliance Industries and NTPC were the main laggards.

Among the gainers were Asian Paints, Hindustan Unilever, UltraTech Cement, and Mahindra & Mahindra.

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

On Monday, the US markets finished mostly in the green.

Brent crude fell 0.89 percent to USD 69.90 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,685.70 crore on Friday.

On Monday, stock markets were closed in observance of Mahatma Gandhi Jayanti.

Also read: Japan Experiences Hottest September In 125 Years

Spriha Rai

Recent Posts

AI & Surveillance Systems To Revolutionize Maha Kumbh 2025 Experience

The UP government is using AI, social media, and surveillance to ensure safety for 45…

11 minutes ago

Maha Kumbh 2025: Ultra-Modern Cruises To Become A Key Attraction For Devotees

The Yogi Adityanath-led UP government will introduce luxury cruises to transport devotees from Kashi to…

1 hour ago

Aam Aadmi Party Kicks Off ‘Revdi Par Charcha’ Campaign Ahead Of Delhi Elections

On Friday, AAP launched its 'Revdi Par Charcha' campaign to engage Delhi residents in the…

2 hours ago

Canada Denies Allegations Against Indian Leadership; Rejects Criminal Links

The Canadian govt addressed allegations linking Indian leaders to criminal activities, stating there is no…

2 hours ago

Delhi-NCR Faces ‘Very Poor’ Air Quality As Smog Engulfs Region

On Friday morning, Delhi-NCR's air quality was classified as 'very poor,' with a light haze…

3 hours ago

Indian Stock Market Rallies Despite Geopolitical Strains; Buoyed By Strong Domestic Sectors

The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions…

5 hours ago