Sensex, Nifty decline in early trade
The Hindu
The 30-share BSE Sensex declined 243 points to 60,504.30 points
Equity benchmarks declined in initial trade on January 10, dragged down by IT and banking stocks amid a mixed trend in global markets.
Unabated foreign fund outflows also negatively impacted the domestic equity market.
The 30-share BSE Sensex declined 243 points to 60,504.30 points. The broader NSE Nifty fell 61.75 points to 18,039.45 points.
From the Sensex pack, Tata Consultancy Services, Infosys, HDFC, HDFC Bank, IndusInd Bank, Maruti, State Bank of India, Tech Mahindra, ITC and ICICI Bank were the major laggards.
India's largest IT services company TCS quoted over 2% lower in early trade even after reporting an 11% rise in December quarter net profit to ₹10,846 crore.
Tata Motors, Tata Steel, Mahindra & Mahindra, Power Grid, Titan and Larsen & Toubro were among the winners from the 30-share pack.
Elsewhere in Asia, equity markets in Seoul and Tokyo were trading in the green, while Shanghai and Hong Kong quoted lower.
