Markets fall in early trade amid weak Asian equities, foreign fund outflows
The Hindu
The 30-share BSE Sensex fell 257.62 points to 62,910.68.
Equity benchmark indices declined in early trade on June 20 amid a weak trend in Asian markets and foreign fund outflows.
The 30-share BSE Sensex fell 257.62 points to 62,910.68. The NSE Nifty declined 73.45 points to 18,682.
From the Sensex pack, Bajaj Finance, Bajaj Finserv, Asian Paints, Hindustan Unilever, Mahindra & Mahindra, HDFC, ICICI Bank, HDFC Bank, and IndusInd Bank were the major laggards.
Power Grid, Wipro, NTPC, Infosys, Tata Steel, and Bharti Airtel were the gainers.
In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were trading in the negative territory.
The U.S. markets were closed on Monday on the observance of Juneteenth holiday.
Global oil benchmark Brent crude dipped 0.17% to $75.96 a barrel.
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Rupee falls 4 paise to 90.21 against the dollar due to rising crude prices and geopolitical tensions.
Indian markets fell amid foreign fund outflows and profit-booking in blue chips, influenced by global tariff concerns and weak earnings.
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