Markets fall in early trade after eight days of rally
The Hindu
After beginning the trade on a negative note, the 30-share BSE Sensex further declined 305.61 points to 62,978.58
Equity benchmark indices began the trade on a bearish note on Friday, December 2, 2022 halting their eight-day rally, amid a weak trend in global markets.
After beginning the trade on a negative note, the 30-share BSE Sensex further declined 305.61 points to 62,978.58 at the time of publishing this report.
The broader NSE Nifty dipped 79.65 points to 18,732.85.
Among the Sensex pack, Hindustan Unilever, Maruti, UltraTech Cement, Mahindra & Mahindra, Asian Paints and Nestle were among the major laggards.
Tata Steel, Tech Mahindra, IndusInd Bank, Reliance Industries and ITC were the winners.
Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
Wall Street had ended mostly lower on Thursday.
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