- By Aditya Pratap Singh
- Wed, 16 Oct 2024 04:14 PM (IST)
- Source:JND
Stock Market: The benchmark Sensex for sales in IT and auto shares fell 318 points on Wednesday amid a steady outflow of foreign capital and weaker trends in global markets. The BSE Sensex fell 318.76 points, or 0.39 per cent, to 81,501.36, falling for the second day. The stock fell 461.86 points, or 0.56 per cent, to 81,358.26 on the day.
The NSE Nifty fell 86.05 points, or 0.34 per cent, to close at 24,971.30.
Mahindra & Mahindra, JSW Steel, Kotak Mahindra Bank, Infosys, Adani Ports, Tata Motors, Adani Ports, ITC and Titan were the major laggards from the 30 Sensex firms. HDFC Bank, Bharti Airtel, Reliance Industries, Asian Paints and State Bank of India.
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Foreign institutional investors offloaded equity worth Rs 1,748.71 crore on Tuesday, according to exchange data. Seoul, Tokyo and Hong Kong settled lower in Asian markets, while Shanghai ended in positive territory.
European markets traded in negative territory. U.S. markets ended lower on Tuesday. Brent crude, the global benchmark, rose 0.08 per cent to US$74.32 a barrel.
The BSE benchmark Sensex fell 152.93 points, or 0.19 per cent, to 81,820.12 on Tuesday. The Nifty fell 70.60 points, or 0.28 per cent, to 25,057.35.
(With PTI's Inputs)
