Domestic markets were lower in early trade on Thursday
New Delhi:
Domestic markets were down (domestic market UP down) in early trade on Thursday amid weak trend in Asian markets, but soon made a comeback. BSE’s 30-share flagship Sensex closed down 168.91 points at 65,507.02. The Nifty fell 48.45 points to 19,627. However, the markets soon bounced back due to fresh foreign fund inflows.
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How was Sensex on Thursday?
The Sensex was trading up 101.16 points at 65,777.64 while the Nifty was up 23 points at 19,698.45. Among the Sensex companies, shares of Bajaj Finance, Power Grid, Bajaj Finserv, JSW Steel, Titan and Tata Steel were among the losers. Shares of NTPC, Tata Consultancy Services, Tata Motors and HCL Technologies were among the gainers. In other Asian markets, South Korea’s Kospi, China’s Shanghai Composite, Hong Kong’s Hang Seng and Japan’s Nikkei were in losses.
Brent crude, the global oil standard, has fallen
American markets closed on Wednesday with a positive trend. Global oil benchmark Brent crude was trading down 0.75 percent at $80.57 a barrel. According to stock market data, on Wednesday Foreign Institutional Investors (FIIs) invested Rs. 550.19 crore shares were bought.
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(This news is not edited by the NDTV team. It is published directly from the syndicate feed.)