Sensex falls 164 points, Nifty below 15,700

New Delhi: Equity benchmark Sensex fell 164 points on Thursday following losses in index majors Infosys, HDFC Twins and Reliance Industries amid a weak trend in Asian peers. The BSE 30-share index ended 164.11 points or 0.31 per cent lower at 52,318.60.

Similarly, the broader NSE Nifty closed 41.50 points or 0.26 per cent lower at 15,680.

Bajaj Finserv was the top laggard in the Sensex pack, falling over 2 per cent, followed by Infosys, Tech Mahindra, UltraTech Cement and IndusInd Bank.

On the other hand, Dr Reddy’s, Bajaj Auto, Sun Pharma, Asian Paints and NTPC were among the gainers.

Binod Modi, Head – Strategy, Reliance Securities said, “Domestic stocks continued to trade as the rebound in auto, pharma and FMCG was impacted by profit-booking in the financial and IT space.”

He said a strong June dispatch was reported by automobile companies to see a sharp rebound in the auto index.

However, weak cues from global markets also weighed on the sentiment.

Elsewhere in Asia, shares ended with losses in Shanghai, Seoul and Tokyo. European shares were trading with gains in mid-session deals. Read also: Exclusive: Domestic airlines suggest aviation ministry to allow passengers with COVID vaccine certificate to fly

Meanwhile, international oil benchmark Brent crude was trading 0.90 per cent higher at $75.29 per barrel. Read also: Good news for Maruti Suzuki car owners! Free service, warranty extended

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