Friday, Jun 9, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Markets Falter For 6th Day Sensex Tanks 425 Points In Early Trade

Markets falter for 6th day; Sensex tanks 425 points in early trade

Mumbai: Equity indices opened the trade on a muted note on Friday, with the Sensex tanking 425 points in early trade, in line with weak global markets and concerns over unabated foreign capital outflows. The BSE benchmark was trading 425.11 points lower at 51,070.68. The Nifty dipped 125.7 points to 15,234.90. From the Sensex pack, […]

By PTI
Published Date - 10:30 AM, Fri - 17 June 22
Markets falter for 6th day; Sensex tanks 425 points in early trade
whatsapp facebook twitter telegram

Mumbai: Equity indices opened the trade on a muted note on Friday, with the Sensex tanking 425 points in early trade, in line with weak global markets and concerns over unabated foreign capital outflows.

The BSE benchmark was trading 425.11 points lower at 51,070.68. The Nifty dipped 125.7 points to 15,234.90.

From the Sensex pack, Asian Paints, Wipro, Dr Reddy’s, Titan, TCS, Tech Mahindra, Sun Pharma and Maruti were the biggest laggards.

On the other hand, Reliance Industries and NTPC were the gainers.

In Asia, markets in Tokyo, Seoul and Shanghai were trading lower, while Hong Kong quoted higher.

Stock exchanges in the US ended sharply lower on Thursday.

The BSE benchmark plummeted 1,045.60 points or 1.99 per cent to settle at 51,495.79 on Thursday. On similar lines, the NSE Nifty plunged 331.55 points or 2.11 per cent to close at 15,360.60.

“The dominant theme impacting equity markets globally is the synchronised global monetary tightening and the consequent fears of economic slowdown,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Meanwhile, international oil benchmark Brent crude declined 0.68 per cent to USD 118.98 per barrel.

Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth Rs 3,257.65 crore on Thursday, as per exchange data.

  • Follow Us :
  • Tags
  • Sensex

Related News

  • Sensex climbs 85.64 points to 63,228.60 in early trade

    Sensex climbs 85.64 points to 63,228.60 in early trade

  • Sensex climbs 235.1 points to 63,027.98 in early trade

    Sensex climbs 235.1 points to 63,027.98 in early trade

  • Sensex declines 77.28 points to 62,544.96 in early trade

    Sensex declines 77.28 points to 62,544.96 in early trade

  • Sensex climbs 178.34 points to 62,050.96 in early trade

    Sensex climbs 178.34 points to 62,050.96 in early trade

  • Sensex climbs 395.26 points to 61,955.90 in early trade

    Sensex climbs 395.26 points to 61,955.90 in early trade

  • Sensex opens with a flat note, stares at weak global cues

    Sensex opens with a flat note, stares at weak global cues

Latest News

  • ChatGPT on iOS gets ‘Drag and Drop’ support

    3 mins ago
  • Junior Shooting World Cup: India finish on top of medal tally

    24 mins ago
  • Delhi court covicts SI in bribery case, quotes ‘Marvel’ maxim

    43 mins ago
  • Don’t lose heart, strive to lead a normal life

    1 hour ago
  • Teachers scam: Now ED summons Abhishek Banerjee for questioning on June 13

    1 hour ago
  • Process already begun: K’ taka Education Minister on textbook revision

    2 hours ago
  • Editorial: Ambivalence towards plastic ban

    7 hours ago
  • Opinion: More than Human Life

    7 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

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

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam