Mumbai: Equity benchmark Sensex declined more than 200 points in early trade on Monday, tracking losses in index-heavyweights Infosys, TCS and HUL amid a broadly negative trend in global markets. Besides, a weak rupee against major rivals dented the domestic equity market sentiments, traders said. The 30-share BSE index was trading 203.71 points or 0.33 percent lower at 60,638.17 points in initial deals. Similarly, the broader NSE Nifty slipped by 64.05 points or 0.36 percent to reach 17,790 points.
On February 3, the Sensex surged by 909.64 points or 1.52 percent to settle at 60,841.88 points while the Nifty advanced by 243.65 points or 1.38 percent to end at 17,854.05 points. Foreign Institutional Investors (FIIs) were net sellers in capital markets as they offloaded shares worth Rs 932.44 crore on February 3, according to exchange data.
Position of stocks in BSE
Infosys was the top loser in the Sensex pack, shedding 1.31 percent, followed by HUL, Sun Pharma, Nestle India, HCL Tech, Kotak Bank and TCS.
On the other hand, Axis Bank, SBI, ITC, L&T, IndusInd Bank, Tata Motors, Bajaj Finserv and HDFC Bank were among the gainers.
News & Image Source : psuwatch.com
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