Markets tumble in early trade on weak trends from global equities Representative Image
Market Updates

Markets tumble in early trade on weak trends from global equities

Benchmark equity indices tumbled in early trade on Monday amid weak trends from global markets

PTI

New Delhi: Benchmark equity indices tumbled in early trade on Monday amid weak trends from global markets and fresh foreign fund outflows.

Profit-taking after a record-breaking rally also put pressure on the benchmark indices.

Among the 30 Sensex companies, IndusInd Bank, Tata Steel, Adani Ports, State Bank of India, Bajaj Finance and JSW Steel were the biggest laggards.

In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the positive territory.

Global oil benchmark Brent crude declined 0.07 percent to USD 85.18 a barrel.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Govt to infuse Rs 4500 Crore in Semi-Conductor Laboratory

IRFC raises Rs 2,981 cr via maiden zero-coupon bond issuance

PNGRB approves revised tariff for GAIL’s integrated pipeline network

India actively negotiating trade pact with US, EU: Goyal

Stock markets trade higher in early deals