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Markets fall for 2nd day amid weak global equities

Markets fall for 2nd day amid weak global equities

The Hindu
Thursday, November 03, 2022 11:36:57 AM UTC

State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners.

Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points.

The 30-share BSE Sensex declined 69.68 points or 0.11% to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69% to 60,485.14.

Similarly, the broader NSE Nifty dipped 30.15 points or 0.17% to end at 18,052.70.

From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra were the major laggards.

State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners.

Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended lower.

Stock exchanges in Europe were trading in the negative territory in mid-session deals. Wall Street had ended significantly lower on Wednesday.

Read full story on The Hindu
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