Markets

Sensex falls over 190 points in early trade, Nifty slips below 17,350

A view of the Bombay Stock Exchange building in Mumbai in March 2021   | Photo Credit: PTI

Equity benchmark Sensex declined over 190 points in early trade on September 13, tracking losses in index heavyweights Reliance Industries, ICICI Bank and Infosys amid weak sentiment in Asian markets.

The 30-share Sensex was trading 193.16 points or 0.33% lower at 58,111.91. Similarly, Nifty fell 37.90 points or 0.22% to 17,331.35 in initial deals.

HCL Tech was the top loser in the Sensex pack, shedding 1.39%, followed by Reliance Industries, ICICI Bank, Infosys, Nestle India, Axis Bank, Titan and IndusInd Bank.

On the other hand, HDFC, Bharti Airtel, Maruti, ITC, Kotak Bank and Tata Steel were among the gainers.

In the previous session on September 9, the 30-share Sensex ended 54.81 points or 0.09% higher at 58,305.07 — its all-time closing high. The NSE Nifty rose 15.75 points or 0.09% to settle at 17,369.25.

Markets were closed on September 10 on account of Ganesh Chaturthi.

In Asia, bourses in Shanghai, Seoul and Hong Kong were trading on a negative note in mid-session deals. Tokyo also closed in the red.

Foreign institutional investors (FIIs) were net buyers in the capital market as they purchased shares worth ₹423.44 crore on September 9, as per provisional exchange data.

Meanwhile, international oil benchmark Brent crude rose 0.62% to $73.37 per barrel.


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Printable version | Oct 18, 2021 5:01:09 AM | https://www.thehindu.com/business/markets/sensex-falls-over-190-points-in-early-trade-nifty-slips-below-17350/article36426518.ece

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