Stock market opened with decline, Sensex fell 130 points to 72,660.
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Mumbai Equity benchmark indices started trading on a weak note on Tuesday amid subdued global market trends and fresh foreign fund outflows. BSE’s 30-share Sensex fell 130 points to 72,660.13 in early trade. NSE Nifty fell 36.4 points to 22,085.65. Later, both the benchmark indices compensated for this and were trading with slight gains.
The 30-share BSE benchmark was trading 10.30 points higher at 72,800.43 and the Nifty was trading 8.85 points higher at 22,135.60. Axis Bank, Bharti Airtel, HDFC Bank, Larsen & Toubro, Bajaj Finance, ICICI Bank and Reliance Industries were the major Sensex losers. Tata Consultancy Services, HCL Technologies, Wipro and UltraTech Cement were prominent among the profitable companies.
In Asian markets, Seoul, Tokyo and Hong Kong were trading lower while Shanghai was up. The US market closed with a slight decline on Monday. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 285.15 crore on Monday.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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