- By Aditya Pratap Singh
- Thu, 20 Feb 2025 10:44 AM (IST)
- Source:JND
Stock Market Today: The key domestic benchmark indices Sensex and Nifty fell in the early trade on Thursday. Sensex, the 30-share BSE benchmark, plunged 393.01 points to trade at a level of 75,540 in early trade. Meanwhile, the NSE's 50 shares index, Nifty50 declined 118.95 points to trade below 22,900.
Fresh tariff threats from the Trump administration, weak Asian markets and continuation in foreign fund outflows dragged the market sentiment today.
From the Sensex pack, Maruti, ITC, HDFC Bank, Zomato, Mahindra & Mahindra, and Hindustan Unilever fell in early trade. Whereas, NTPC, Reliance Industries, Infosys, and Adani Ports were trading in green.
Foreign institutional investors offloaded equity worth Rs 1,881.30 crore on Wednesday, according to exchange data. In Asian markets, Shanghai, Hong Kong, Seoul and Tokyo traded in negative territory. US markets ended in positive territory on Wednesday.
Global benchmark Brent crude oil fell 0.32 per cent to $75.80 a barrel. The Sensex fell 28.21 points, or 0.04 per cent, to 75,939.18 on Wednesday. The Nifty fell 12.40 points, or 0.05 per cent, to 22,932.90.
Rupee Surges 19 Paisa
The rupee rose 19 paise to 86.79 against the US dollar on Thursday as the greenback and crude oil retreated from their highs. The rupee opened at 86.88 in interbank forex and gained more ground to trade at 86.79 against the greenback during early trade, 19 paise higher than its previous close.
The rupee had fallen 10 paise to 86.98 against the US dollar on Tuesday. Foreign exchange markets were closed on Wednesday on account of 'Chhatrapati Shivaji Maharaj Jayanti'.
(With Inputs From PTI)
