Equity benchmark indices declined in early trade on Wednesday, October 18, 2023 amid sluggish global market trends and spike in Brent crude oil costs.
After a day’s breather, the 30-share BSE Sensex declined 161.41 points to 66,266.68. The Nifty skidded 36.7 points to 19,774.80.
Among the Sensex companies, Bajaj Finance, Power Grid, Bajaj Finserv, ICICI Bank, HDFC Bank, NTPC and Larsen & Toubro have been the main laggards.
Tata Motors, JSW Steel, Tata Steel and Sun Pharma have been among the many gainers.
In Asian markets, Tokyo, Shanghai and Hong Kong have been buying and selling in the unfavourable territory whereas Seoul quoted in the inexperienced.
The US markets had ended on a blended be aware on Tuesday.
Global oil benchmark Brent crude jumped 1.87 per cent to $91.58 a barrel.
Foreign Institutional Investors (FIIs) purchased equities price ₹263.68 crore on Tuesday, in response to trade information.
The BSE benchmark had climbed 261.16 points or 0.39 per cent to settle at 66,428.09 on Tuesday. The Nifty gained 79.75 points or 0.40 per cent to 19,811.50.
