Friday, Sep 5, 2025
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Olympics
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Business | Benchmark Indices Fall In Early Trade Amid Foreign Fund Outflows Weak Asian Markets

Benchmark indices fall in early trade amid foreign fund outflows, weak Asian markets

The BSE Sensex dropped 464.22 points to 85,107.63 in early trading, while the NSE Nifty fell 133.85 points to 26,045.10. Among the 30 Sensex firms, major laggards included Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Reliance Industries, Axis Bank, and UltraTech Cement.

By PTI
Published Date - 30 September 2024, 12:00 PM
Benchmark indices fall in early trade amid foreign fund outflows, weak Asian markets
whatsapp facebook twitter telegram

Mumbai: Benchmark indices declined in early trade on Monday amid foreign fund outflows and a largely weak Asian markets where the Japan’s Nikkei index tanked nearly 5 per cent.

Markets were also dragged by decline in frontline stocks like ICICI Bank and Reliance Industries.

Also Read

  • Rupee falls 6 paise to 83.75 against US dollar amid negative market sentiment

The BSE Sensex tumbled 464.22 points to 85,107.63 in early trade. The NSE Nifty tanked 133.85 points to 26,045.10.
From the 30 Sensex firms, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Reliance Industries, Axis Bank and UltraTech Cement were among the major laggards.

Tata Steel, JSW Steel, NTPC, Titan, Hindustan Unilever and Asian Paints were among the gainers.

In Asian markets, Seoul and Tokyo were trading lower while Shanghai and Hong Kong traded in the positive territory.
Japan’s benchmark Nikkei 225 index tanked nearly 5 per cent early on Monday.

The US markets ended on a mixed note on Friday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,209.10 crore on Friday, according to exchange data.
“Market is likely to move into a consolidation phase in the near-term. One significant factor that is influencing foreign portfolios is the outperformance of the Chinese stocks which is reflected in the massive surge in the Hang Seng index by around 18 per cent in September.

“This surge has been triggered by hopes of revival in the Chinese economy in response to the monetary and fiscal stimulus announced by the Chinese authorities,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Global oil benchmark Brent crude climbed 0.71 per cent to USD 72.49 a barrel.

The BSE benchmark Sensex declined 264.27 points or 0.31 per cent to settle at 85,571.85 on Friday. During the day, it climbed 142.13 points or 0.16 per cent to reach a new record intra-day peak of 85,978.25.

The Nifty dipped 37.10 points or 0.14 per cent to 26,178.95 after rising 61.3 points or 0.23 per cent to an all-time intra-day peak of 26,277.35 during the session.

  • Follow Us :
  • Tags
  • Asian markets
  • japan
  • Nifty
  • Nikkei index

Related News

  • GST Bonanza fuels stock markets rally; Sensex jumps nearly 900 points

    GST Bonanza fuels stock markets rally; Sensex jumps nearly 900 points

  • Modi ‘snubbed’ Trump over war mediation: Report

    Modi ‘snubbed’ Trump over war mediation: Report

  • Sensex, Nifty rebound after two-day decline as investors eye value buying

    Sensex, Nifty rebound after two-day decline as investors eye value buying

  • Sensex jumps 329 points as IT shares rally on US Fed rate cut hopes

    Sensex jumps 329 points as IT shares rally on US Fed rate cut hopes

Latest News

  • Hyderabad Pickleball League: Saina joins Keerthi Warriors as co-owner

    4 hours ago
  • Hyderabad sports roundup: Snehit, Sreeja for Asian Table Tennis

    5 hours ago
  • Doubles shuttler Jwala Gutta distributes kit to Telangana fencing squad members

    5 hours ago
  • Mahadev crushes Mayura as Preethesh hits unbeaten 148 in HCA C-Division championship

    5 hours ago
  • Yuvraj launches innovative multi-city Indian Golf Premier League

    5 hours ago
  • The Gambits, a documentary on Global Chess League

    5 hours ago
  • Traffic curbs in Hyderabad for Ganesh idol immersion on Saturday

    5 hours ago
  • 10 indian boxers get bye in first round of World Boxing Championships

    5 hours ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam