Business

Stock Markets Dip In Early Trade On Dismal Global Trends

Benchmark equity indices fell in early trade on Monday, weighed down by dismal global trends and fresh foreign fund outflows. Profit-taking following a record-breaking rally also weighed on the benchmark indices.

The 30-share BSE Sensex dipped 463.96 points to 76,745.94 in early trade. The Nifty slipped 149.6 points to 23,351.50. Bank Nifty slid 462.45 points to 51,198.95.

IndusInd Bank, DLF, Tata Steel, Cipla, GAIL (India), Adani Ports, State Bank of India, Bajaj Finance, Coal India, and JSW Steel were the top laggards.

Among the gainers were Bajaj Holdings, Info Edge (India), Mahindra & Mahindra, Sun Pharmaceutical, HAL, Power Grid Corp, and Siemens.

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

US markets closed mostly lower on Friday.

European markets concluded in red on Friday.

Brent crude lost 0.07 percent to USD 85.18 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold equities worth Rs 1,790.19 crore on Friday.

On Friday, the Sensex sank 269.03 points or 0.35 percent to 77,209.90, while the Nifty went down by 65.90 points or 0.28 percent to 23,501.10.

Also read: Commonwealth Headquarters In London Commemorates International Yoga Day

Spriha Rai

Recent Posts

Hina Khan Hails 11 Years Of PM Modi’s Leadership; Highlights National Progress

As the nation marks 11 years under PM Modi's leadership, actress Hina Khan shares her…

16 hours ago

Subhash Ghai Hails PM Modi’s Transformative Vision For India

Subhash Ghai has praised PM Narendra Modi’s leadership for catalysing India’s growth and changing the…

17 hours ago

India & Central Asia Boost Rare Earth Cooperation At Delhi Meet

India and five Central Asian nations have agreed to deepen cooperation on rare earths and…

17 hours ago

PM Modi’s Beej Se Bazaar Tak Vision Reshapes Indian Agriculture

Prime Minister Modi has redefined Indian agriculture with the ‘Beej Se Bazaar Tak’ vision, transforming…

18 hours ago

EV Sales Cross 4% Mark In May; Signalling Steady Shift To Green Mobility

EV sales topped 4% of passenger vehicle retail in May 2025, signalling growing demand for…

18 hours ago

Self-Reliant Defence Industry Marks India’s Strategic Security Ascent

One year into Modi 3.0, reforms have reduced poverty, strengthened defence, and accelerated the digital…

18 hours ago