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NSE & BSE trade lower in early trade

BSE benchmark tumbled by 444.53 points to settle at 62,390.07 & the broader NSE Nifty declined by 123.15 points to end at 18,577.90

PSU Watch Bureau

Mumbai: Benchmark indices began the trade on a bearish note on Tuesday and traded lower amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark tumbled by 444.53 points to settle at 62,390.07. The broader NSE Nifty declined by 123.15 points to end at 18,577.90. The BSE benchmark dipped by 33.9 points or 0.05 percent to settle at 62,834.60 on November 5. The Nifty had eked out marginal gains and ended 4.95 points or 0.03 percent higher at 18,701.05. Foreign Institutional Investors (FIIs) offloaded shares worth Rs 1,139.07 crore on November 5, as per exchange data.

Position of various stocks listed in BSE

Among the Sensex pack, HCL Technologies, Tata Steel, Infosys, Dr Reddy's, Tata Consultancy Services, Sun Pharma, Nestle and Bharti Airtel were the major laggards.

IndusInd Bank, Hindustan Unilever, NTPC, Bajaj Finance and Bajaj Finserv were among the winners.

Performance of markets worldwide

Asian markets in Seoul, Shanghai and Hong Kong traded lower, while Tokyo quoted in the green.

Wall Street had ended in the negative territory on November 5.

International oil benchmark Brent crude was trading 0.57 percent higher at USD 83.15 per barrel.

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