News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 1 year ago
Home  » Business » Sensex, Nifty fall amid caution ahead of inflation data

Sensex, Nifty fall amid caution ahead of inflation data

Source: PTI
Last updated on: November 13, 2023 17:39 IST
Get Rediff News in your Inbox:

Benchmark stock indices Sensex and Nifty declined on Monday due to selling pressure in IT, consumer durables and financial stocks as investors turned cautious ahead of the release of inflation data.

Broker

Photograph: Danish Siddiqui/Reuters

Giving up Diwali day gains, the 30-share BSE Sensex fell 325.58 points or 0.50 per cent to settle at 64,933.87.

During the day, it dropped 406.09 points or 0.62 per cent to 64,853.36.

 

The Nifty declined 82 points or 0.42 per cent to 19,443.55.

Among the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, ICICI Bank, Nestle, Tata Consultancy Services, HDFC Bank and Reliance Industries were the major laggards.

Mahindra & Mahindra, JSW Steel, NTPC, Power Grid and IndusInd Bank were among the gainers.

In Asian markets, Seoul settled in the negative territory while Tokyo, Shanghai and Hong Kong ended in the green.

Global oil benchmark Brent crude declined 0.20 per cent to $81.27 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 190.06 crore on Sunday, according to exchange data.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!