Stock Market Today: Amidst the ups and downs, the stock market started sluggishly, these shares are showing a rise; Sensex falls by 160 points
Mumbai. Sensex and Nifty declined in early trade on Thursday. Investors adopted a cautious stance amid continued foreign capital outflows and increasing geopolitical uncertainties.
BSE Sensex fell 160.24 points to 77,798.28 in early trade while NSE Nifty slipped 30.25 points to 24,300.70.
Later both the indices continued to trade with ups and downs. Among the 30 companies included in the Sensex, shares of Tata Consultancy Services, Hindustan Unilever, Adani Ports, Power Grid, Tech Mahindra and Sun Pharma were among the losers.
On the other hand, shares of Mahindra & Mahindra, Eternal, Tata Steel, UltraTech Cement, ICICI Bank and Maruti rose. In Asian markets, South Korea’s Kospi, China’s SSE Composite and Hong Kong’s Hang Seng were in the lead.
American markets closed sharply on Wednesday. The price of international standard Brent crude stood at $ 102 per barrel with an increase of 0.77 percent. According to stock market data, foreign institutional investors (FIIs) were sellers on Wednesday and sold shares worth Rs 5,834.90 crore.
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