BSE & NSE fall in early trade amid weak global equities

BSE Sensex declined by 393.68 points to 61,412.51 & the broader NSE Nifty dipped by 123.1 points to 18,297.35 amid weak global trends
NSE & BSE Fall
NSE & BSE Fall

Mumbai: Equity benchmarks began the trade on a weak note on Tuesday after rallying in the previous trade amid a bearish trend in global markets and foreign fund outflows. The 30-share BSE benchmark Sensex declined by 393.68 points to 61,412.51. The broader NSE Nifty dipped by 123.1 points to 18,297.35.

The BSE benchmark jumped by 468.38 points or 0.76 percent to settle at 61,806.19 on December 19. The Nifty climbed by 151.45 points or 0.83 percent to end at 18,420.45. Foreign institutional investors (FIIs) offloaded shares worth Rs 538.10 crore on December 19, according to exchange data.

Position of stocks listed in BSE

From the Sensex pack, Larsen & Toubro, Hindustan Unilever, Tech Mahindra, HCL Technologies, Tata Steel, Mahindra & Mahindra, Asian Paints, Power Grid, Tata Motors and Bajaj Finserv were among the major laggards. Only Axis Bank traded in the green from the 30-share pack.

Performance of markets worldwide

In Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.

The US markets had ended lower on December 19.

International oil benchmark Brent crude climbed 0.50 percent to USD 80.20 per barrel.

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