Business

Trade Lower, Giving Up Early Gains

Benchmark equity indices rose in early trade on Tuesday but eventually gave up all their early gains and were trading lower in response to negative Asian market cues.

In early trade, the 30-share BSE Sensex advanced 254.11 points to 71,569.20. The Nifty gained 61.35 points to 21,480.

However, both benchmark indices ultimately gave up all of their early gains and were trading lower. The Sensex declined 152.33 points to 71,168.99, while the Nifty lost 40.50 points to 21,375.30.

Nestle, Reliance Industries, Sun Pharma, Larsen & Toubro, Axis Bank, Wipro, and Bharti Airtel were the top gainers on the Sensex.

Among the laggards were Tata Consultancy Services, Mahindra & Mahindra, Bajaj Finserv, HDFC Bank, Asian Paints, and IndusInd Bank.

In Asian markets, Tokyo traded higher, while Seoul, Shanghai, and Hong Kong traded lower.

On Monday, the US markets finished in positive territory.

Brent crude gained 0.12 percent to USD 78.04 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 33.51 crore on Monday.

On Monday, the BSE benchmark dropped 168.66 points or 0.24 percent to 71,315.09. The Nifty lost 38 points or 0.18 percent to 21,418.65.

Also read: North Korea Tests Solid-Fuel Intercontinental Ballistic Missile

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…

2 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…

3 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…

3 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…

4 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…

4 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…

4 hours ago