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Opening bell: Markets in red; Sensex slumps to 57,138, Nifty at 17,015

Among the 30-share Sensex pack, Kotak Mahindra Bank, Titan, Maruti, Asian Paints, Infosys, IndusInd Bank, Tata Steel and ITC were major laggards.

Updated on: Oct 3, 2022, 09:21:42 IST
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Benchmark indices fell in early trade on Monday amid weak global market trends and continuous foreign fund outflow.

BSE Sensex (File Photo)
BSE Sensex (File Photo)

The 30-share BSE benchmark declined 288.8 points to 57,138.12 in early trade. The broader NSE Nifty dipped 79.4 points to 17,014.95.

Among the 30-share Sensex pack, Kotak Mahindra Bank, Titan, Maruti, Asian Paints, Infosys, IndusInd Bank, Tata Steel and ITC were major laggards.

NTPC, Sun Pharma, Reliance Industries and UltraTech Cement were among the winners.

Elsewhere in Asia, markets in Shanghai and Hong Kong were quoting lower, while Tokyo traded higher.

The US markets ended lower on Friday.

The BSE benchmark had jumped 1,016.96 points or 1.80 per cent to settle at 57,426.92 on Friday. The Nifty climbed 276.25 points or 1.64 per cent to end at 17,094.35.

Meanwhile, the international oil benchmark Brent crude futures jumped 2.62 per cent to USD 87.37 per barrel.

Foreign institutional investors offloaded shares worth 1,565.31 crore on Friday, according to data available with BSE.

 
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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