The fairness benchmark indices opened in red amid weak global cues on Monday. After an 11-day rally, the 30-share BSE Sensex fell 286.6 points to 67,552.03. The Nifty declined 70.7 points to twenty,121.65. Among the Sensex companies, Infosys, HCL Technologies, Tech Mahindra, HDFC Bank, Wipro and Reliance Industries had been the key laggards.
Mahindra & Mahindra, Titan, NTPC and Asian Paints had been among the many gainers.
In Asian markets, Seoul and Hong Kong traded decrease, whereas Shanghai quoted in the inexperienced. The US markets ended in adverse territory on Friday. Global oil benchmark Brent crude climbed 0.42 per cent to USD 94.30 a barrel.
11-day rally involves an finish
Foreign Institutional Investors (FIIs) had been consumers on Friday as they purchased equities value Rs 164.42 crore, in line with trade information. Rallying for the eleventh day operating on Friday, the BSE benchmark had jumped 319.63 points or 0.47 per cent to settle at a report closing of 67,838.63. During the day, it rallied 408.23 points or 0.60 per cent to hit its contemporary all-time intra-day excessive of 67,927.23.
The Nifty went up by 89.25 points or 0.44 per cent to finish at its all-time closing excessive of 20,192.35. During the day, it superior 119.35 points or 0.59 per cent to hit its lifetime intra-day peak of 20,222.45.
(With inputs from PTI)
ALSO READ: Fitch retains India’s FY2024 progress forecast at 6.3%, raises year-end inflation projection
