Sensex declines 75 points in early trade
The Hindu
Investors preferred to stay on the sidelines on June 14, 2023. Click here to know more about Sensex and NSE updates.
Benchmark equity indices fell in early trade on Wednesday, June 14, 2023 after two days of rally as investors preferred to stay on the sidelines ahead of the announcement of the US Fed interest rate decision later in the day.
The 30-share BSE Sensex declined 75.11 points to 63,068.05. The NSE Nifty dipped 9.6 points to 18,706.55.
From the Sensex pack, IndusInd Bank, Bharti Airtel, Bajaj Finserv, Infosys, Tech Mahindra, Hindustan Unilever, Bajaj Finance, Axis Bank, Wipro and Larsen & Toubro were the major laggards.
Tata Steel, Power Grid, Tata Motors, ITC, Nestle and UltraTech Cement were among the gainers.
In Asian markets, Seoul and Hong Kong were trading lower, while Tokyo and Shanghai quoted in the green.
The US markets ended in positive territory on Tuesday.
Global oil benchmark Brent crude climbed 0.09 per cent to USD 74.36 a barrel.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.