Mumbai: The Bombay Stock Exchange (BSE) major index Sensex saw a fall of over 200 points during early trade on Friday due to weak signals from international markets. HDFC Bank, Infosys and ICICI Bank declined. The BSE Sensex broke down to a level of 37,787.38 in the opening session.
However, there was some improvement later and it was trading at 37,873.95, breaking 151.50 points or 0.40 percent. Similarly, the National Stock Exchange (NSE) major index Nifty was down 32.95 points or 0.29 percent at 11,167.20. HCL Tech recorded the highest one percent fall in the Sensex. Along with this, HDFC Bank, Infosys, Sun Pharma, ICICI Bank and Kotak Bank have also seen a decline. On the other hand Asian Paints, UltraTech Cement, Bajaj Finserv, IndusInd Bank and TCS were trading in profits. Let us tell you that the Sensex had gained 362.12 points or 0.96 percent to close at 38,025.45 in the previous session, while the Nifty Fifty closed at 11,200.15 with a gain of 98.50 points or 0.89 percent.
According to Thursday’s stock market data, foreign institutional investors bought equity worth Rs 637.43 crore on a gross basis in yesterday’s trade. Meanwhile, trade continued with declines in Shanghai, Hong Kong, Seoul and Tokyo markets. However, Wall Street closed with an edge.
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