Business

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

Spriha Rai

Recent Posts

SC Upholds Rajasthan’s Electricity Regulations; Dismissing Power Companies Plea

The Supreme Court has granted a major relief to the Rajasthan government by upholding the…

9 hours ago

SC Expresses Concern Over Rising Trend Of False Rape Cases On Marriage Promises

The Supreme Court has expressed concern over the rising tendency to register rape cases based…

10 hours ago

Adani Ports Mundra Sets National Record With Historic 200 MMT Cargo Handling Milestone

Adani Ports & Special Economic Zone set a national record by handling 450 MMT of…

10 hours ago

SC Seeks Response On Vikas Yadav’s Bail Plea In Nitish Katara Murder Case

SC issues notice to UP govt, Neelam Katara on Vikas Yadav’s interim bail plea in…

10 hours ago

SC Slams Telangana CM Over Remarks On BRS MLAs’ Disqualification Case

The SC expressed displeasure over Telangana Chief Minister A Revanth Reddy’s remarks regarding the disqualification…

10 hours ago

Jamaat-e-Islami Hind (JIH) Opposes Waqf Bill; Calls It Legislative Discrimination

JIH President Syed Sadatullah Husaini condemns the Waqf Amendment Bill for singling out Muslims and…

11 hours ago