Mumbai: Equity Benchmark Sensex fell 336.46 points on Thursday after losses in heavy-class industrial industries Reliance Industry, Infosys and TCS amid a negative trend in the global market.
The 30-share BSE index decreased 336.46 points or 0.55 percent to 60,923.50.
Similarly, NIFTY NSE fell 88.50 points or 0.48 percent to 18,178.10.
Asian paint is a top loser in the sensex package, with a tank of around 5 percent, followed by the Reliance industry, Infosys, Tata Steel, TCS and Dr.
Reddy.
On the other hand, bank boxes, HDFC, ICICI Bank and NTPC are among Gainers.
According to V K Vijayakumar, the chairman of the investment strategist at Geojit Financial Services, domestic headwinds such as high assessments have become unsustainable and increasing commodity inflation will have an impact on the company’s margin.
“Sustainable sales by institutions – both DIIS and FI – show that smart money considers the market so far too hot and is considered too high,” he said.
Elsewhere in Asia, the stock exchange in Hong Kong, Seoul and Tokyo ended in red, while Shanghai was positive.
Stock exchange in Europe is traded on negative records on the middle session agreement.
Meanwhile, BRENT raw international oil benchmark fell 1.12 percent to $ 84.86 per barrel.