- By Aditya Pratap Singh
- Mon, 30 Dec 2024 10:14 AM (IST)
- Source:JND
Stock Market: Sensex and Nifty, the domestic benchmark indices declined in early trade on Monday amid a steady outflow of foreign capital and weak trends in global markets. The 30-share BSE benchmark Sensex fell 142.26 points to 78,556.81. The NSE Nifty fell 48.35 points to 23,765.05.
From the 30 blue chip pack, Power Grid, Infosys, HCL Technologies, Mahindra & Mahindra, Titan, Kotak Mahindra Bank, Tech Mahindra, and Tata Motors were the biggest laggards. Meanwhile, Adani Ports, Ultratech Cement, Zomato, and ITC are among the recipients.
According to exchange data, foreign institutional investors offloaded equity worth Rs 1,323.29 crore on Friday. In Asian markets, Tokyo, Shanghai and Hong Kong traded less, while Seoul was more expensive. U.S. markets ended in negative territory on Friday.
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Brent crude, the global benchmark, rose 0.07 per cent to $74.22 a barrel.
The benchmark BSE rose 226.59 points, or 0.29 per cent, to 78,699.07 on Friday. The Nifty rose 63.20 points, or 0.27 per cent, to 23,813.40.
The US dollar fell 5 paise to 85.53 against the US dollar in early trade on Monday as dollar demand from importers, foreign capital outflows and a muted trend in domestic equities weighed on investor sentiment.
In interbank forex, the rupee opened on a weaker note and fell to 85.53 against the US currency, registering a decline of 5 paise from the previous close.
