Among the Sensex constituents, Dr Reddy’s Lab, Nestle, Infosys, Asian Paints, HCL Technologies, TCS, Kotak Mahindra Bank and Larsen & Toubro were the biggest laggards in opening trade.
Among the Sensex constituents, Dr Reddy’s Lab, Nestle, Infosys, Asian Paints, HCL Technologies, TCS, Kotak Mahindra Bank and Larsen & Toubro were the biggest laggards in opening trade.
Equity benchmark indices continued to decline for the second day on Tuesday with the BSE Sensex falling 283 points in early trade amid foreign fund outflows and a mixed trend in global markets.
The 30-share BSE benchmark fell 282.85 points to 55,483.37. The broader NSE Nifty ended 88.8 points lower at 16,542.20.
Among the Sensex constituents, Dr Reddy’s Lab, Nestle, Infosys, Asian Paints, HCL Technologies, TCS, Kotak Mahindra Bank and Larsen & Toubro were the biggest laggards in opening trade.
Bajaj Finserv, Tata Steel, Bajaj Finance and Reliance Industries were among the gainers. In Asia, markets in Tokyo traded lower, while Shanghai, Seoul and Hong Kong traded higher.
On Monday, US markets closed with a mixed trend.
Senior Research Analyst Prashant Taapsee said, “Investors are likely to be in a wait-and-watch position as all eyes will be on the Fed rate decision on July 27. VP (Research), Mehta Equities Ltd.
The BSE benchmark closed 306.01 points or 0.55 per cent lower at 55,766.22 on Monday. Nifty closed at 16,631, down 88.45 points or 0.53 per cent.
Meanwhile, international oil benchmark Brent crude jumped 1.39 per cent to 106.61 per barrel.
Foreign institutional investors offloaded shares worth Rs 844.78 crore on Monday, according to exchange data.