Stock Markets Open Weak On Global Cues

Benchmark equity indices Sensex and Nifty began down on Tuesday, owing to profit-booking and mixed global cues.

The BSE Sensex declined 84.32 points to 76,405.76, while the NSE Nifty was down 9.55 points at 23,249.65.

Interglobe Aviation, Cholamandalam Invest, ICICI Lombard, Dr Reddy’s Labs, Adani Total Gas, Kotak Mahindra Bank, Havells India, and Power Finance Corp were the top laggards.

Among the gainers were IRCTC, ONGC, Tata Motors-DVR, L&T, Siemens, Tata Motors, and DLF.

In Asian markets, Singapore, Tokyo, South Korea, and Taiwan were trading higher, while Hong Kong, Indonesia, Thailand, Shanghai, and Malaysia were trading lower.

US markets closed higher on Monday.

Brent crude lost 0.23 percent to USD 81.44 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 2,572.38 crore on Monday

On Monday, the Sensex sank 203.28 points, or 0.26 percent to 76,490.08, while the Nifty dropped 30.95 points, or 0.13 percent to 23,259.20.

Also read: Stock Markets Close Lower Owing To Negative Global Trends