Quick News Bit

Sensex falls 400 points in early trade on weak global market trends

0

International oil benchmark Brent crude declined to $114.81 per barrel.

International oil benchmark Brent crude declined to $114.81 per barrel.

Benchmark indices opened the trade on a weak note on Friday, with the Sensex falling nearly 400 points in early trade, amid weak global market trends.

The BSE benchmark Sensex was trading 399.69 points lower at 52,619.25. The NSE Nifty dipped 130.25 points to 15,650.

Among the Sensex pack, Dr. Reddy’s Laboratories, Titan, HDFC, Kotak Mahindra Bank, HDFC Bank, Bharti Airtel, State Bank of India and ICICI Bank were the major laggards.

Asian Paints, ITC, Tata Steel, Bajaj Finserv, Tech Mahindra and Power Grid were among the gainers.

Elsewhere in Asia, markets in Tokyo, Seoul and Shanghai were trading lower in mid-session deals.

The U.S. markets ended lower on Thursday.

The Sensex slipped 8.03 points or 0.02% to settle at 53,018.94 on Thursday. The NSE Nifty fell 18.85 points or 0.12% to 15,780.25.

Meanwhile, international oil benchmark Brent crude declined 1.25% to $114.81 per barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth ₹1,138.05 crore on Thursday, as per exchange data.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment