Bombay:
Equity benchmarks fell in early trading today due to mixed trends in Asian markets and continued outflows of foreign funds.
The BSE Sensex with 30 shares fell by 159.01 points to 61,008.78. The broader NSE Nifty fell 47.65 points to 18,149.80.
From the Sensex pack, Reliance Industries, Bharti Airtel, Hindustan Unilever, ITC, Mahindra & Mahindra, Tata Steel, Nestle and HDFC were the biggest laggards.
Bajaj Finance, Axis Bank, Tata Motors, Tech Mahindra, State Bank of India, Tata Consultancy Services, Kotak Mahindra Bank and Asian Paints were among the winners.
Elsewhere in Asia, equity markets in Seoul traded lower, while Shanghai and Hong Kong traded in the green.
US markets were closed on Monday.
“As U.S. markets were closed on Monday, traders can wait for clues from European indices in afternoon trading. The main catalyst set up this week is the minutes of the Federal Reserve’s December meeting trickling in on Thursday,” Prashanth said. Tapse – Research Analyst, Senior VP (Research), Mehta Equities Ltd.
The BSE benchmark was up 327.05 points, or 0.54 percent, to 61,167.79 on Monday. The Nifty rose 92.15 points or 0.51 percent to finish at 18,197.45.
International oil benchmark Brent crude fell 0.27 percent to USD 85.68 a barrel.
Foreign institutional investors (FIIs) unloaded shares worth Rs 212.57 crore on Monday, according to exchange data.
(Except for the headline, this story has not been edited by DailyExpertNews staff and is being published from a syndicated feed.)
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