नवीनतम
Stock markets trade lower in early trade
MUMBAI [Maha Media]: Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid non-stop foreign fund outflows and tariff-related jitters.
The 30-share BSE Sensex declined 242.24 points to 80,381.02 in early trade. The 50-share NSE Nifty dropped 54.85 points to 24,541.30.
From the Sensex firms, Bharti Airtel, Infosys, Bharat Electronics, Eternal, Axis Bank and HDFC Bank were among the laggards.
The initial 25 per cent tariffs announced by the US on Indian imports came into effect Thursday. In Asian markets, Japan's Nikkei 225 index and Shanghai's SSE Composite index quoted in positive territory, while South Korea's Kospi and Hong Kong's Hang Seng traded lower.
The US markets ended on a mixed note on Thursday. Global oil benchmark Brent crude dipped 0.69 per cent to USD 66.42 a barrel. On Thursday, the Sensex edged higher by 79.27 points or 0.10 per cent to settle at 80,623.26. The Nifty went up by 21.95 points or 0.09 per cent to 24,596.15.
