Stock markets replace: Equity benchmark indices declined in early trade on Monday amid weak traits in (*83*) markets and unabated overseas fund outflows. In the early trade, the 30-share BSE Sensex fell 318.75 points to 64,940.70 in early trade. The Nifty declined 82.8 points to 19,442.75 points.
Among the Sensex companies, Bajaj Finance, Infosys, ICICI Bank, Nestle, Kotak Mahindra Bank and (*83*) Paints have been the key laggards.
NTPC, IndusInd Bank, Sun Pharma and Power Grid have been the gainers. In (*83*) markets, Seoul, Shanghai and Hong Kong have been buying and selling in the damaging territory whereas Tokyo quoted in the inexperienced. The US markets ended with important beneficial properties on Friday.
Global oil benchmark Brent crude declined 0.88 per cent to USD 80.71 a barrel. Stock exchanges performed a one-hour particular Muhurat buying and selling session on the event of Diwali on November 12.
Foreign Institutional Investors (FIIs) offloaded equities value Rs 190.06 crore on Sunday, in accordance to trade information.
Rupee ends virtually flat in opposition to greenback
The rupee retreated from excessive ranges on Friday to shut with a modest acquire of 1 paisa at 83.28 in opposition to the US greenback amid a weak American forex abroad and optimistic home fairness markets.
Unabated overseas capital outflows and rising crude costs stored the native forex beneath strain, foreign exchange merchants mentioned. At the interbank overseas trade, the rupee opened at 83.28 and plunged to 83.49 in opposition to the dollar throughout intra-day. The home forex additionally hit a excessive of 83.28. It lastly settled at 83.28 in opposition to the greenback, registering a acquire of simply 1 paisa from its earlier shut.
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