People check Sensex updates at a screen outside the Bombay Stock Exchange (BSE) building.
Highlight
- Benchmark indices started trading with weakness on Friday
- BSE benchmark Sensex fell 399.69 points to 52,619.25. was doing business on
- NSE Nifty fell 130.25 points to 15,650. Feather
The benchmark indices started trading on a weak note on Friday with the Sensex down nearly 400 points in early trade amid weak global market trend. The BSE benchmark Sensex was trading 399.69 points lower at 52,619.25. NSE Nifty closed 130.25 points lower at 15,650.
In the Sensex pack, Dr Reddy’s Laboratories, Titan, HDFC, Kotak Mahindra Bank, HDFC Bank, Bharti Airtel, State Bank of India and ICICI Bank were among the laggards. Asian Paints, ITC, Tata Steel, Bajaj Finserv, Tech Mahindra and Power Grid were among the gainers. Elsewhere in Asia, markets in Tokyo, Seoul and Shanghai were trading lower in mid-session deals.
Read also | Market closing bell: Sensex, Nifty closed on flat note in early trade
On Thursday, the US markets closed with a fall. On Thursday, the Sensex closed down 8.03 points or 0.02 per cent at 53,018.94. The NSE Nifty ended 18.85 points or 0.12 per cent lower at 15,780.25. Meanwhile, international oil benchmark Brent crude fell 1.25 per cent to $114.81 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 1,138.05 crore on Thursday, according to exchange data.
Read also | Shares halted 4-day winning streak in weak global markets, Sensex fell by 150 points