Markets fall in early trade after record-breaking rally
The Hindu
After an 11-day rally, the 30-share BSE Sensex fell 286.6 points to 67,552.03
Equity benchmark indices declined in early trade on September 18 after a record-breaking rally last week, in line with weak trends in global markets and caution ahead of the U.S. Federal Reserve's interest rate decision.
After an 11-day rally, the 30-share BSE Sensex fell 286.6 points to 67,552.03. The Nifty declined 70.7 points to 20,121.65.
Among the Sensex firms, Infosys, HCL Technologies, Tech Mahindra, HDFC Bank, Wipro and Reliance Industries were the major laggards.
Mahindra & Mahindra, Titan, NTPC and Asian Paints were among the gainers.
In Asian markets, Seoul and Hong Kong traded lower, while Shanghai quoted in the green.
The U.S. markets ended in negative territory on Friday.
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