- By Aditya Pratap Singh
- Fri, 13 Sep 2024 10:37 AM (IST)
- Source:JND
Stock Market: Equity benchmark indices dropped in early trade on Friday following a record previous session on a rebound in profits amid weaker trends from Asian peers. After opening trade on a positive note, the 30-share BSE Sensex fell 200.03 points to settle at 82,762.68. The NSE Nifty fell 67.5 points to 25,321.40.
Among the 30 Sensex firms, Mahindra & Mahindra, Asian Paints, Hindustan Unilever, ITC, Bharti Airtel, Sun Pharma, Infosys, and Bajaj Finance were the worst performers.
Tata Steel, Tata Motors JSW Steel, and Power Grid were among the gainers. Seoul, Tokyo, and Shanghai traded lower in Asian markets, while Hong Kong was in positive territory. The U.S. markets ended with gains on Thursday.
A sharp fag-end rally on Thursday took the BSE benchmark to the 83,000 level for the first time. The barometer rose 1,593.03 points, or 1.95 percent, to hit a lifetime intra-day high of 83,116.19 points. It rose 1,439.55 points or 1.77 percent to a record high of 82,962.71. The NSE Nifty rose 470.45 points, or 1.89 percent, to a record high of 25,388.90. The benchmark jumped 514.9 points, or 2 percent, to a fresh all-time intra-day high of 25,433.35.
Foreign institutional investors bought equities worth Rs 7,695 crore on Thursday, according to exchange data. Brent crude, the global benchmark, rose 0.40 percent to 72.26 a barrel.