Sensex declines after hitting new all-time high in early trade; Nifty dips nearly 50 points

Benchmark indices declined in early trade on Thursday tracking weak trends from Asian markets
Sensex declines after hitting new all-time high in early trade; Nifty dips nearly 50 points
Sensex declines after hitting new all-time high in early trade; Nifty dips nearly 50 points

New Delhi: Benchmark indices declined in early trade on Thursday tracking weak trends from Asian markets and foreign fund outflows.

The 30-share BSE Sensex declined 149.41 points to 78,524.84 after hitting a new all-time high of 78,771.64 in early trade. The Nifty dipped 47.45 points to 23,821.35.

Among the 30 Sensex companies, Mahindra & Mahindra, Tech Mahindra, Larsen & Toubro, HCL Technologies, Maruti, Bharti Airtel, Tata Consultancy Services and Nestle were the biggest laggards.

UltraTech Cement, JSW Steel, Tata Steel and Reliance Industries were among the gainers.

US markets ended in the positive territory on Wednesday.

Global oil benchmark Brent crude declined 0.21 percent to USD 85.07 a barrel.

The Nifty went up by 147.50 points or 0.62 percent to settle at a record closing peak of 23,868.80. Intra-day, it surged 168.6 points or 0.71 percent to hit the fresh lifetime high of 23,889.90.

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