Benchmark fairness indices declined in early trade on May 8 in line with weak traits from the Asian markets and steady foreign fund outflows
| Photo Credit: PTI
Benchmark fairness indices declined in early trade on May 8 in line with weak traits from the Asian markets and steady foreign fund outflows.
Extending its earlier day’s downtrend, the 30-share BSE Sensex declined 363.09 factors to 73,148.76. The NSE Nifty dropped 116.9 factors to 22,185.60.
From the Sensex basket, Asian Paints, Larsen & Toubro, Hindustan Unilever, HDFC Bank, Nestle and Mahindra & Mahindra had been the foremost laggards.
Tata Steel, Maruti, State Bank of India and JSW Steel had been among the many gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong quoted decrease.
Wall Street ended on a blended observe on May 7.
Foreign Institutional Investors (FIIs) offloaded equities value ₹3,668.84 crore on May 7, in keeping with trade information.
Global oil benchmark Brent crude declined 0.30% to $82.91 a barrel.
Paring all its early good points, the BSE benchmark went decrease by 383.69 factors or 0.52% to settle at 73,511.85 on May 7. The NSE Nifty declined 140.20 factors or 0.62% to 22,302.50.
