Markets open in red with sensex down by over 280 points amid weak global cues

In Asian markets, Seoul and Hong Kong traded decrease, whereas Shanghai quoted within the inexperienced. The US markets resulted in unfavourable territory on

Image Source : PTI/REPRESENTATIVE Stock markets

The fairness benchmark indices opened in purple amid weak international cues on Monday. After an 11-day rally, the 30-share BSE Sensex fell 286.6 factors to 67,552.03. The Nifty declined 70.7 factors to twenty,121.65. Among the Sensex corporations, Infosys, HCL Technologies, Tech Mahindra, HDFC Bank, Wipro and Reliance Industries have been the most important laggards.

Mahindra & Mahindra, Titan, NTPC and Asian Paints have been among the many gainers.

In Asian markets, Seoul and Hong Kong traded decrease, whereas Shanghai quoted within the inexperienced. The US markets resulted in unfavourable territory on Friday. Global oil benchmark Brent crude climbed 0.42 per cent to USD 94.30 a barrel.

11-day rally involves an finish

Foreign Institutional Investors (FIIs) have been consumers on Friday as they purchased equities price Rs 164.42 crore, in accordance with alternate knowledge. Rallying for the eleventh day working on Friday, the BSE benchmark had jumped 319.63 factors or 0.47 per cent to settle at a document closing of 67,838.63. During the day, it rallied 408.23 factors or 0.60 per cent to hit its recent all-time intra-day excessive of 67,927.23.

The Nifty went up by 89.25 factors or 0.44 per cent to finish at its all-time closing excessive of 20,192.35. During the day, it superior 119.35 factors or 0.59 per cent to hit its lifetime intra-day peak of 20,222.45.

(With inputs from PTI)

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