Markets fall in early trade ahead of RBI monetary policy decision
The Hindu
Benchmark equity indices declined in early trade on Thursday ahead of RBI’s monetary policy decision amid a weak trend in global markets.
Benchmark equity indices declined in early trade on Thursday ahead of RBI's monetary policy decision amid a weak trend in global markets.
Investors also remained on the sidelines ahead of the U.S. inflation data announcement.
The 30-share BSE Sensex fell 235.99 points to 65,759.82. The NSE Nifty declined 64.2 points to 19,568.35.
From the Sensex pack, Asian Paints, HCL Technologies, ITC, Tata Consultancy Services, Tata Motors, Tata Steel, ICICI Bank, Tech Mahindra, Nestle and Bharti Airtel were the major laggards.
NTPC, UltraTech Cement, Power Grid, Maruti and Mahindra & Mahindra were among the gainers.
In Asian markets, Tokyo traded in the green, while Seoul, Shanghai and Hong Kong quoted lower.
The U.S. markets ended in the negative territory on Wednesday.
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