Sensex turns choppy, Nifty tests 10,200 level

The NSE Nifty too was trading 29.95 points, or 0.29 %, lower at 10,181.85.

April 03, 2018 10:05 am | Updated 10:05 am IST - MUMBAI

The BSE Sensex turned choppy after falling nearly 100 points today and NSE Nifty slipped below the 10,200-mark on fresh losses in metal, healthcare, Teck, IT and realty stocks amid muted global cues.

The 30-share barometer, which had gained 286.68 points on the first session of new fiscal yesterday, shed 96.77 points, or 0.29 %, to 33,158.59.

The NSE Nifty too was trading 29.95 points, or 0.29 %, lower at 10,181.85.

Brokers said investor sentiment turned weak largely in tandem with a bearish trend in other Asian markets, tracking overnight losses at the Wall Street on weakness in technology shares and trade tension between the US and China.

Top laggards include Wipro, Adani Ports, ONGC, Tata Steel, Coal India, Asian Paint, Infosys, HDFC Bank, Bharti Airtel, L&T and Kotak Bank, falling up to 1.86 %.

On the other hand, SBI, Yes Bank and ICICI Bank were among the top gainers, rising up to 2 %.

Meanwhile, on a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 689.75 crore, while domestic institutional investors (DIIs) bought shares worth ₹ 413.16 crore on Monday provisional data released by the stock exchanges showed.

In the Asian region, Hong Kong’s Hang Seng fell 0.74 %, Japan’s Nikkei shed 0.88 %, while Shanghai Composite Index was down 0.93 % in early deals.

The US Dow Jones Industrial Average ended 1.90 % lower in yesterday’s trade.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.