Mumbai. Domestic stock markets Sensex and Nifty registered a decline in early trading on Tuesday. Rising crude oil prices and uncertainty due to the ongoing conflict in West Asia weighed on investor sentiment. Besides, the continuous withdrawal of foreign capital also weakened the markets. BSE Sensex fell 525.44 points to 75,489.84 in early trade while NSE Nifty slipped 164.5 points to 23,651.35.
Among the 30 Sensex companies, shares of Tata Consultancy Services, Infosys, Tech Mahindra, HCL Tech, Adani Ports and Bajaj Finserv were among the losers. Whereas Bharti Airtel and NTPC shares registered a rise. In Asian markets, South Korea’s Kospi and China’s SSE Composite were in decline, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng were in the rise.
US markets closed on a positive note on Monday. The price of international standard Brent crude rose by 0.93 percent to reach $ 105.2 per barrel. According to stock market data, foreign institutional investors (FIIs) were sellers on Monday and sold shares worth Rs 8,437 crore. On Monday, Sensex closed with a fall of 1.70 percent and Nifty with a fall of 1.49 percent.
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