NSE & BSE decline in early trade

BSE Sensex declined by 146.79 points to reach 62,198.92 while NSE Nifty gained 84.05 points or 0.46 percent to end at 18,398.85
NSE & BSE decline in early trade
NSE & BSE decline in early trade

Mumbai: Benchmark equity indices pared their opening gains and declined in early trade on Tuesday, dragged down by index major HDFC twins. In a volatile trade, the 30-share BSE Sensex declined by 146.79 points to reach 62,198.92 even after beginning the trade on a firm note. The NSE Nifty dipped by 32.15 points to reach 18,366.70.

The Sensex had climbed by 317.81 points or 0.51 percent to settle at 62,345.71 on Monday. The broader NSE Nifty gained 84.05 points or 0.46 percent to end at 18,398.85. Foreign Institutional Investors (FIIs) were buyers on Monday as they bought equities worth Rs 1,685.29 crore, according to exchange data.

Position of stocks in BSE

Among the Sensex firms, HDFC, HDFC Bank, Maruti, IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra, Bharti Airtel, and ITC were the biggest laggards. Bajaj Finance, Infosys, Bajaj Finserv, Wipro, Asian Paints, and Tata Consultancy Services were among the major gainers.

Performance of markets worldwide

In Asia, Seoul, Tokyo, Shanghai, and Hong Kong markets were trading in the green. The US market ended with gains on Monday. Meanwhile, global oil benchmark Brent crude climbed 0.53 percent to USD 75.63 per barrel.

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