Sensex plunges 533 points in initial trade
The Hindu
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Equity benchmark indices declined in early trade on Wednesday, October 4, 2023, extending their previous day's fall, in line with weak global market trends and unabated foreign fund outflows.
The 30-share BSE Sensex plunged 533.13 points to 64,978.97. The Nifty declined 153.35 points to 19,375.40.
Among the Sensex firms, NTPC, Axis Bank, IndusInd Bank, Maruti, UltraTech Cement, ICICI Bank, Tata Steel and Bajaj Finserv were the major laggards.
Nestle, Hindustan Unilever, HDFC Bank and Asian Paints were among the gainers.
In Asian markets, Seoul, Tokyo and Hong Kong were trading lower while Shanghai quoted in the positive territory.
The US markets ended with over 1 per cent fall on Tuesday.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,034.14 crore on Tuesday, according to exchange data.
India's forex reserves rose by $1.68 billion to $688.94 billion for the week ending December 12, 2025.
India and Oman aim to implement their trade pact within three months, enhancing zero-duty access for key exports.
Stock markets rebound as Sensex rises 447 points, driven by global trends and fresh foreign fund inflows.
Reliance Consumer Products acquires a majority stake in Udhaiyams Agro Foods, enhancing its presence in the staples market.
Coca-Cola India reports a 46.3% profit increase to ₹615 crore in FY25, with revenue rising to ₹5,042.56 crore.
India's trade deficit with China is projected to hit $106 billion by 2025, despite a recent surge in exports.
Adani Group plans ₹1 lakh crore investment in airports, expanding its portfolio with Navi Mumbai International Airport and aggressive future bids.
Piramal Finance to sell its 14.72% stake in Shriram Life Insurance for ₹600 crore, enhancing its balance sheet.
Dense fog leads to 79 flight cancellations and over 230 delays at Delhi airport on December 19, 2025.
Delhi HC requests Customs' response to IndiGo's ₹900 crore refund plea for duty on re-imported aircraft parts after repairs.
Sony Pictures Networks India is set to launch Wheel of Fortune, hosted by Akshay Kumar, bringing global entertainment to Indian audiences.
Airtel's board approves ₹401.25 call on ₹15,700 crore rights issue, aiming to strengthen its balance sheet and reduce debt.
Stock markets rebound with Sensex rising 448 points on fresh foreign inflows and positive global trends amid cooling U.S. inflation.