Markets: Sensex, Nifty fall in early trade after five-day rally
The Hindu
Equity benchmark indices declined in early trade on July 20, halting their five-day rally, as investors went for profit-taking after a record-breaking run in domestic markets
Equity benchmark indices declined in early trade on July 20, halting their five-day rally, as investors went for profit-taking after a record-breaking run in domestic markets.
The 30-share BSE Sensex fell 171.62 points to 66,925.82 after a tepid beginning. The NSE Nifty declined 48.6 points to 19,784.55.
From the Sensex pack, Infosys, HCL Technologies, UltraTech Cement, Tata Consultancy Services, Bajaj Finance and Nestle were the major laggards.
State Bank of India, Sun Pharmaceutical Industries, ICICI Bank and IndusInd Bank were among the gainers.
In Asian markets, Tokyo and Shanghai were trading lower while Seoul and Hong Kong quoted in the green.
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