The Sensex slipped more than 200 points in early trade on Monday as shares of large companies fell amid soft signals from global markets. BSE’s 30-share sensitive index Sensex fell one time to 50,685.42 points. However, it later recovered some losses and was down by 65.13 points, or 0.13 per cent, to 50,824.63. The NSE Nifty was trading at 14,973.35 points, down 8.40 points or 0.06 percent.
Among Sensex companies, L&T declined around two per cent. After this, companies like M&M, Dr Reddy’s, Maruti, HDFC, TCS and Bajaj Auto also declined. On the other hand, ONGC, HDFC Bank, Tech Mahindra and Infosys were the major gainers.
Foreign portfolio investors were net buyers in the capital market. He bought shares worth Rs 118.75 crore on Friday. Among Asian markets, China’s Shanghai Composite and South Korea’s Kospi were in the lead, while Hong Kong’s Hangseng and Japan’s Nikki were in decline. Brent crude, the global oil benchmark, was trading up 1.06 percent at $ 62.80 a barrel.
The market closed last Friday with a fall
The 30-share sensitive index Sensex of the BSE slipped 434.93 points on Friday, the last trading day of the week. The Sensex closed at 50,889.76 on Friday. The National Stock Exchange Nifty also fell 137 points to close at 14,981.75. Today the NIFTY NEXT 50 closed with a loss of 470.25 points, the Midcap 50 2.30%, the Nifty Bank 2.04% and the NIFTY FINANCIAL SERVICES index down 1.49%.