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Sensex starts at 58,820; Nifty trades above 17,080

Sensex, Nifty today: From the Sensex stocks, Bajaj Finserv, Bajaj Finance, Mahindra & Mahindra, Reliance Industries, Titan, Asian Paints, Nestle and Tata Steel were the major laggards.

Published on: Mar 24, 2023 09:20 AM IST
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Sensex, Nifty updates: Benchmark indices Sensex and Nifty declined in early trade on Friday amid a weak trend in Asian markets and fresh foreign fund outflows.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (REUTERS)
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (REUTERS)

Weak trend in index major Reliance Industries also dragged benchmark indices lower.

The 30-share BSE Sensex declined 123.03 points to 57,802.25. The broader NSE Nifty fell 61.1 points to 17,015.80.

From the Sensex stocks, Bajaj Finserv, Bajaj Finance, Mahindra & Mahindra, Reliance Industries, Titan, Asian Paints, Nestle and Tata Steel were the major laggards.

Infosys, Tata Consultancy Services, Wipro, Kotak Mahindra Bank, IndusInd Bank, Tech Mahindra, HCL Technologies and Larsen & Toubro were the gainers.

Buying in IT counters cushioned the fall to some extent.

In Asia markets, Seoul, Japan, Shanghai and Hong Kong were trading lower. The US markets ended higher on Thursday.

Meanwhile, global oil benchmark Brent crude dipped 0.20 per cent to USD 75.76 per barrel.

Foreign Portfolio Investors offloaded equities worth 995.01 crore on Thursday after a day's breather, according to exchange data.

 
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