Stock markets open in red with Sensex down by over 80 points amid weak global cues

Among the Sensex companies, NTPC, Power Grid, Bajaj Finserv, State Bank of India, JSW Steel, Tata Steel, Larsen & Toubro and Axis Bank had been the most

Image Source : INDIA TV Stock markets replace — January 10

Stock markets replace: After three consecutive days of constructive rally, the inventory markets of Wednesday as soon as once more opened in purple amid weak international clues. The 30-share BSE Sensex dropped 81.35 factors to 71,304.86 in early commerce. Meanwhile, the Nifty fell by 27 factors to 21,517.85. 

Among the Sensex companies, NTPC, Power Grid, Bajaj Finserv, State Bank of India, JSW Steel, Tata Steel, Larsen & Toubro and Axis Bank had been the most important laggards.

HCL Tech, Titan, Nestle, ICICI Bank, IndusInd Bank and Tata Consultancy Services had been among the many gainers. 

In Asian markets, Tokyo traded within the inexperienced whereas Seoul, Shanghai and Hong Kong had been quoting decrease. The US markets ended largely decrease on Tuesday.

Foreign Institutional Investors (FIIs) offloaded equities price Rs 990.90 crore on Tuesday, in response to alternate knowledge. Global oil benchmark Brent crude climbed 0.22 per cent to USD 77.76 a barrel.

Rupee falls in opposition to greenback 

The rupee depreciated 4 paise to 83.17 in opposition to the US greenback in early commerce on Wednesday amid promoting of equities by international buyers and an upward motion in crude oil costs. Subdued sentiment within the home fairness markets additionally weighed on the Indian forex, foreign exchange merchants mentioned.

At the interbank international alternate, the home forex opened at 83.13 and slipped to 83.17 in opposition to the dollar, down 4 paise from its earlier shut.

(With PTI inputs)

ALSO READ: Sensex plummets by 670 factors, settles at 71,355; Nifty data drop of 197 factors

Source: www.indiatvnews.com

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