Sensex, Nifty decline in early trade
The Hindu
Click here to for the updates on NSE and BSE on June 23, 2023
Equity benchmark indices declined in early trade on Friday, June 23, 2023, extending their previous day's fall, in line with weak trend in Asian markets and fresh foreign fund outflows.
Rising interest rates globally also dampened investor sentiments.
Markets also fell amid profit-taking after the recent rally, where the BSE barometer hit its record intra-day peak of 63,601.71 on Thursday.
The 30-share BSE Sensex fell 248.57 points to 62,990.32. The NSE Nifty declined 89.3 points to 18,681.95.
From the Sensex pack, Tech Mahindra, Infosys, Power Grid, Tata Steel, UltraTech Cement, State Bank of India, Bajaj Finserv, HCL Technologies and Bajaj Finance were the major laggards.
Asian Paints, NTPC, ICICI Bank, Bharti Airtel and Nestle were the gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
One dies, eight hospitalised after inhaling HCL fumes at pharma company in Andhra Pradesh’s Anakapalli district. About 400 litres of HCL leaked from the reactor-cum-receiver tank at Unit-III of the company, which affected nine workers, says Collector. While the condition of six of them is stable, two are on ventilator support. Chief Minister Chandrababu Naidu directs authorities to provide advanced treatment to the victims. Home Minister Anitha expresses anger over repeated such incidents.