Markets fall after a day's breather on weak global market trends, foreign fund outflows
The Hindu
Mumbai stock market declines 1% due to global trends, foreign fund outflows; Sensex settles at 72,643.43, Nifty at 22,023.35.
Equity benchmark indices declined nearly 1 per cent on March 15 after a day's breather amid weak global market trends and foreign fund outflows.
The 30-share BSE Sensex declined 453.85 points or 0.62% to settle at 72,643.43 after a weak beginning. During the day, the benchmark tanked 612.46 points or 0.83% to 72,484.82.
The NSE Nifty dropped 123.30 points or 0.56% to 22,023.35.
From the Sensex basket, Mahindra & Mahindra, Tata Motors, NTPC, HCL Technologies, Larsen & Toubro, Infosys, Tech Mahindra and State Bank of India were the major laggards.
Bharti Airtel, Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and IndusInd Bank were among the gainers.
In Asian markets, Seoul, Tokyo and Hong Kong settled lower, while Shanghai ended in the green.
European markets were trading with marginal gains. The US markets ended in the negative territory on Thursday.
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