Mumbai: The Sensex declined 207.47 points to 80,144.17 in early trade on Wednesday. The Nifty dipped 49.6 points to 24,383.60. The equity benchmark indices slipped after hitting their fresh peaks amid weak global market trends.
During the opening trade, the 30-share BSE Sensex went up 129.72 points to hit a new all-time high of 80,481.36. However, the gains were shortlived and the benchmark declined 207.47 points to 80,144.17.
Meanwhile, the NSE Nifty also hit its fresh peak of 24,461.05 in opening trade but all the gains were washed out and the indice dipped 49.6 points to 24,383.60.
Sensex pack laggards: ICICI Bank, Kotak Mahindra Bank, Axis Bank, State Bank of India, Mahindra & Mahindra, and JSW Steel were the biggest laggards.
Major winners: NTPC, Bharti Airtel, Maruti, and Adani Ports.
The BSE on July 9 went north 391.26 points to close at a new closing peak of 80,351.64. The NSE Nifty surged 112.65 points to end at its record closing high of 24,433.20.
According to exchange data, Foreign Institutional Investors (FIIs) purchased equities worth Rs 314.46 crore on 9th July.
World Markets
Asian markets: Seoul, Tokyo and Shanghai were in Red, while Hong Kong traded in Green. US markets ended on a mixed note on Tuesday.
Global oil benchmark Brent crude declined 0.24 per cent to USD 84.46 a barrel.
Rupee trades flat
The Rupee traded flat at 83.49 against the US Dollar in the early session on July 10 amid losses in domestic equities and easing crude oil prices.
Interbank foreign exchange market: Rupee opened flat at 83.49 against the US dollar. The Indian currency had edged up 1 paisa to close at 83.49 against the US dollar on July 9. Notably, the Rupee traded flat ahead of the testimony of US Federal Reserve Chair Jerome Powell in front of Congress.
Stock Market today: The Sensex declined 207.47 points to 80,144.17 in early trade on Wednesday. The Nifty dipped 49.6 points to 24,383.60. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
