scorecardresearchMarket Open: Sensex falls 315.91 points to 58,791.28 in early trade; Nifty declines 90.2 points to 17,422.05

Market Open: Sensex falls 315.91 points to 58,791.28 in early trade; Nifty declines 90.2 points to 17,422.05

Updated: 20 Oct 2022, 10:04 AM IST
TL;DR.
The 30-share BSE Sensex declined 315.91 points to 58,791.28 in early trade. Similarly, the broader NSE Nifty fell 90.2 points to 17,422.05.
In the last one year, the stock has gained 21% on BSE while the benchmark Sensex is almost flat for the period.

In the last one year, the stock has gained 21% on BSE while the benchmark Sensex is almost flat for the period.

(PTI) Equity benchmark indices began the trade on a bearish note on Thursday halting their four-day rally following weak global market trends and continuous foreign fund outflow.

The 30-share BSE Sensex declined 315.91 points to 58,791.28 in early trade. Similarly, the broader NSE Nifty fell 90.2 points to 17,422.05.

From the Sensex pack, IndusInd Bank, Titan, Mahindra & Mahindra, NTPC, ICICI Bank, HDFC Bank, HDFC and Maruti were the biggest laggards in early trade.

Nestle, Reliance Industries, ITC and Hindustan Unilever were among the winners.

Among other Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.

Wall Street ended in the negative territory on Wednesday.

The BSE benchmark climbed 146.59 points or 0.25 per cent to settle at 59,107.19 on Wednesday. The Nifty advanced 25.30 points or 0.14 per cent to end at 17,512.25.

International oil benchmark Brent crude was trading 0.17 per cent lower at USD 92.25 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market on Wednesday as they offloaded shares worth 453.91 crore, as per exchange data

First Published: 20 Oct 2022, 09:42 AM IST