Sensex declines 78 points on profit taking in IT, banking shares, weak Asian cues

Among Sensex shares, Tech Mahindra, Infosys, Asian Paints, ICICI Bank, Kotak Mahindra Bank, Titan, IndusInd Bank and Bajaj Finserv were the major laggards

Published - September 26, 2023 04:22 pm IST - Mumbai

File.

File. | Photo Credit: REUTERS

Benchmark Sensex closed lower by 78 points in a listless trade on September 26 due to select profit-taking in IT and banking shares in line with weak Asian markets and continuous foreign fund outflows.

The 30-share BSE Sensex fell 78.22 points or 0.12% to settle at 65,945.47 with 14 of its components closing lower and 16 advancing. During the day, it declined 158.06 points or 0.23% to a low of 65,865.63.

The broader Nifty dipped 9.85 points or 0.05% to end at 19,664.70.

Among Sensex shares, Tech Mahindra, Infosys, Asian Paints, ICICI Bank, Kotak Mahindra Bank, Titan, IndusInd Bank and Bajaj Finserv were the major laggards.

Nestle, Tata Steel, Mahindra & Mahindra, Bajaj Finance, HDFC Bank and Tata Consultancy Services were among the gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower.

European markets were trading on a mixed note. The U.S. markets ended in positive territory on Monday.

Global oil benchmark Brent crude declined 0.79 per cent% to $92.55 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,333.03 crore on Monday, according to exchange data.

The BSE benchmark had eked out a marginal gain of 14.54 points or 0.02% to settle at 66,023.69 on Monday. The broader Nifty ended marginally up 0.30 points at 19,674.55.

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.