Stock markets suffer on second consecutive day; Sensex slides 265 points, Nifty falls 80 points in early trade

From the Sensex pack, Bajaj Finance, Tata Steel, JSW Steel, Tata Consultancy Services, Bajaj Finserv, Tech Mahindra, Titan, and HDFC Bank have been the

Image Source : INDIA TV Stock markets replace — March 14.

Stock markets replace: For the second consecutive day, fairness benchmark indices declined in early commerce on Thursday amid weak developments in Asian markets and unabated overseas fund outflows. In the early commerce, the 30-share BSE Sensex fell 264.7 factors to 72,497.19. Meanwhile, the Nifty declined 80.2 factors to 21,917.50. 

From the Sensex pack, Bajaj Finance, Tata Steel, JSW Steel, Tata Consultancy Services, Bajaj Finserv, Tech Mahindra, Titan, and HDFC Bank have been the foremost laggards.

Mahindra & Mahindra, Reliance Industries, Larsen & Toubro and Nestle have been among the many gainers. Foreign Institutional Investors (FIIs) offloaded equities value Rs 4,595.

06 crore on Wednesday, in line with alternate knowledge. In Asian markets, Seoul and Shanghai traded within the inexperienced whereas Tokyo and Hong Kong quoted decrease.

Rupee towards greenback

The rupee depreciated 5 paise to 82.86 towards the US greenback in early commerce on Thursday, monitoring a destructive pattern in home equities.

Forex merchants stated the energy of the American foreign money, overseas fund outflows, and elevated crude oil costs within the worldwide market dented buyers’ sentiments.

At the interbank overseas alternate, the rupee opened at 82.84 towards the greenback and touched an early low of 82.86 in preliminary commerce, registering a fall of 5 paise over its earlier shut.

(With PTI inputs)

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Source: www.indiatvnews.com

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