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Home»Business»Opening bell: Markets in red; Sensex slumps to 57,138, Nifty at 17,015
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Opening bell: Markets in red; Sensex slumps to 57,138, Nifty at 17,015

October 5, 2022No Comments1 Min Read
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Benchmark indices fell in early commerce on Monday amid weak world market traits and steady international fund outflow.

The 30-share BSE benchmark declined 288.8 factors to 57,138.12 in early commerce. The broader NSE Nifty dipped 79.4 factors to 17,014.95.

Among the many 30-share Sensex pack, Kotak Mahindra Financial institution, Titan, Maruti, Asian Paints, Infosys, IndusInd Financial institution, Tata Metal and ITC have been main laggards.

NTPC, Solar Pharma, Reliance Industries and UltraTech Cement have been among the many winners.

Elsewhere in Asia, markets in Shanghai and Hong Kong have been quoting decrease, whereas Tokyo traded larger.

The US markets ended decrease on Friday.

The BSE benchmark had jumped 1,016.96 factors or 1.80 per cent to settle at 57,426.92 on Friday. The Nifty climbed 276.25 factors or 1.64 per cent to finish at 17,094.35.

In the meantime, the worldwide oil benchmark Brent crude futures jumped 2.62 per cent to USD 87.37 per barrel.

International institutional traders offloaded shares value ₹1,565.31 crore on Friday, based on information out there with BSE.

International traders turned sellers in September, pulling out ₹7,600 crore from Indian fairness markets.

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