MY KOLKATA EDUGRAPH
ADVERTISEMENT
regular-article-logo Saturday, 20 April 2024

Sensex declines 297 points to 73,574 in early trade; Nifty dips 86 points to 22,319

HCL Technologies, Tata Consultancy Services, ICICI Bank, Infosys, Axis Bank and Reliance Industries were the major laggards

PTI Mumbai Published 05.03.24, 10:03 AM
Representational image.

Representational image. File picture

Equity benchmark indices declined in early trade on Tuesday after rallying in the past four days amid weak trends from global markets and foreign fund outflows.

After a record-breaking rally, the 30-share BSE Sensex declined 297.97 points to 73,574.32 due to profit-taking. The Nifty dipped 86.05 points to 22,319.55.

ADVERTISEMENT

Among the Sensex firms, HCL Technologies, Tata Consultancy Services, ICICI Bank, Infosys, Axis Bank and Reliance Industries were the major laggards.

Tata Motors, Mahindra & Mahindra, State Bank of India and NTPC were among the gainers.

In Asian markets, Seoul, Tokyo and Hong Kong were trading lower while Shanghai quoted in the green.

The US markets ended in the negative territory on Monday.

Global oil benchmark Brent crude dipped 0.18 per cent to USD 82.64 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 564.06 crore on Monday, according to exchange data.

Extending its rally to the fourth straight session on Monday, the BSE benchmark climbed 66.14 points or 0.09 per cent to settle at an all-time high of 73,872.29 points. The Nifty went up by 27.20 points or 0.12 per cent to settle at a lifetime peak of 22,405.60.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

Follow us on:
ADVERTISEMENT