• Source:JND
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Stock Market Today:  Domestic equity benchmark indices- Sensex and Nifty- fell in early trade on Monday due to weak global trends and sustained foreign capital outflows. Brent crude oil prices rose to US$81 a barrel and strong US employment data dampened expectations of an imminent interest rate cut, weighing on investor sentiment.

Sensex, the 30-share index of BSE, plunged  843.67 points to trade at a level of 76,535.24. while Nifty 50 fell 258.8 points in the opening hour.

In the 30-share blue-chip basket, Asian Paints, HDFC Bank, Bajaj Finance, Zomato, Mahindra & Mahindra, Asian Paints, Kotak Mahindra Bank and Tata Steel were trading in red. The gainers were IndusInd Bank, Tata Consultancy Services, Axis Bank, and Hindustan Unilever.

In Asian markets, Shanghai, Seoul, and Hong Kong were doing business in the red.

On Friday, foreign institutional investors sold shares worth Rs 2,254.68 crore, exchange data showed. So far this month, foreign investors have withdrawn Rs 22,194 crore from Indian equity markets.

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India's industrial production (IIP) growth rose to a six-month low of 5.2 per cent year-on-year in November 2024, according to official data released on Friday. This was due to festive demand growth and a pick-up in the manufacturing sector.

Global oil benchmark Brent crude rose 1.62 per cent to $81.05 a barrel.

On Friday, the Bombay Stock Exchange index Sensex fell 241.30 points, or 0.31 per cent, to settle at 77,378.91 points. The Nifty fell 95 points, or 0.40 per cent, to 23,431.50.

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With Inputs From PTI