Equity markets decline in early trade
The Hindu
Mkt indices fall in early trade on weak Asian trends, FII outflows. BSE Sensex down 318.75 pts, Nifty 82.8 pts. Bajaj Fin, Infosys, ICICI Bank, Nestle, Kotak Mahindra Bank & Asian Paints major laggards. NTPC, IndusInd Bank, Sun Pharma & Power Grid gainers. Asian mkts in red, Tokyo in green. Brent crude down 0.88%. BSE benchmark up 354.77 pts on 1st trading session of Samvat 2080. Nifty up 100.20 pts.
Benchmark equity indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows.
The 30-share BSE Sensex fell 318.75 points to 64,940.70 in morning trade. The Nifty declined 82.8 points to 19,442.75.
Among the Sensex firms, Bajaj Finance, Infosys, ICICI Bank, Nestle, Kotak Mahindra Bank and Asian Paints were the major laggards.
NTPC, IndusInd Bank, Sun Pharma and Power Grid were the gainers.
In Asian markets, Seoul, Shanghai and Hong Kong were trading in the negative territory while Tokyo quoted in the green.
The U.S. markets ended with significant gains on Friday.
Global oil benchmark Brent crude declined 0.88% to $80.71 a barrel.