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 | Sensex Drops Over 130 Pts In Early Trade Nifty Tests 17000

Sensex drops over 130 pts in early trade; Nifty tests 17,000

The 30-share BSE barometer was trading 138.56 points lower at 57,223.64 in opening trade. Similarly, the broader NSE Nifty dipped 43.55 points to 17,109.45.

By PTI
Published Date - 10:15 AM, Mon - 28 March 22
Sensex drops over 130 pts in early trade; Nifty tests 17,000
whatsapp facebook twitter telegram

Mumbai: Equity benchmark Sensex fell over 130 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, TCS and HCL Tech amid a weak trend in Asian markets and renewed foreign fund outflows.

The 30-share BSE barometer was trading 138.56 points lower at 57,223.64 in opening trade. Similarly, the broader NSE Nifty dipped 43.55 points to 17,109.45.

From the 30-share pack, HDFC Bank, HDFC, Kotak Mahindra Bank, Bajaj Finance, State Bank of India, Dr Reddy’s, Bajaj Finserv, Nestle India, Asian Paints, HCL Technologies, TCS and Tech Mahindra were among the biggest laggards.

On the other hand, Maruti Suzuki India, ITC, Bharti Airtel and Sun Pharma were trading in the green.

On Friday, the 30-share BSE benchmark dropped 233.48 points or 0.41 per cent to settle at 57,362.20. The Nifty had declined 69.75 points or 0.40 per cent to 17,153.

Equity exchanges in Tokyo and Shanghai were quoting lower, while Hong Kong and Seoul traded higher during mid-session deals.

Stock exchanges in the US also ended on a mixed note on Friday.

Meanwhile, international oil benchmark Brent crude declined 2.65 per cent to USD 117.45 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth Rs 1,507.37 crore on Friday, according to the stock exchange data.

Overseas investors have pulled out a net Rs 1,14,855.97 crore from the Indian markets in the current year, so far, amid heightened geopolitical tensions and inflation concerns.

Foreign portfolio investors have sold domestic equities worth Rs 48,261.65 crore so far this month, taking the year-to-date tally this year to a massive Rs 1,14,855.97 crore, according to depositories data.

“Even though the Ukraine war and the consequent crude spike impacted markets initially, the war is not impacting markets much now. The major headwinds for markets in 2022 will continue to be the high US inflation and Fed tightening,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

  • Follow Us :
  • Tags
  • Nifty
  • 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

  • Taliban officials targeted in Afghanistan mosque blast

    1 hour ago
  • ChatGPT on iOS gets ‘Drag and Drop’ support

    2 hours ago
  • Junior Shooting World Cup: India finish on top of medal tally

    2 hours ago
  • Delhi court covicts SI in bribery case, quotes ‘Marvel’ maxim

    2 hours ago
  • Don’t lose heart, strive to lead a normal life

    3 hours ago
  • Teachers scam: Now ED summons Abhishek Banerjee for questioning on June 13

    3 hours ago
  • Process already begun: K’ taka Education Minister on textbook revision

    3 hours ago
  • Editorial: Ambivalence towards plastic ban

    9 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