Categories: BusinessUncategorized

Sensex annoyed more than 300 points, nifty slipped below 18,200

Mumbai: Equity Benchmark Sensex fell more than 300 points in early trade on Thursday tracking losses on the ICICI Bank, HDFC and Infosys index, in the midst of a weak trend in the global market and the flow of foreign funds that did not take place.
The 30-stock index traded 306.32 points or 0.50 percent lower at 60,837.01 in the initial transaction.
Similarly, Nifty fell 89.50 points or 0.49 percent to 18.121.45.
Icici Bank is a top loser in the sensex package, spilling around 2 percent, followed by steel, ITC, SBI, HDFC, and Titan.
On the other hand, Bank Indusin, L & T, Bajaj Auto and Bajaj Finance are among the collections.
In the previous session, the 30-stock index ended 206.93 points or 0.34 percent lower at 61,143.33, and Nifty fell 57.45 points or 0.31 percent to 18,210.95.
Foreign institutional investors (FIIS) are clean sellers in the capital market, because they lowered the shares worth 1,913.36 crore on Wednesday, according to data exchange.
Elsewhere in Asia, workers in Shanghai, Hong Kong and Tokyo traded with losses in the middle of the middle agreement, while Seoul was positive.
The stock market in the US ended on negative records in the overnight session.
Meanwhile, the benchmark of international oil crude oil fell 2.25 percent to $ 81.98 per barrel.

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