BSE Sensex depreciated by 252 points to drop below the 34,000 mark
The BSE Sensex depreciated by 252 points to drop below the 34,000 mark and NSE Nifty fell by over 90 points in the opening trade on Monday after US President Donald Trump fuelled concerns of a global trade war. The 30-share barometer shed 251.56 points, or 0.73 per cent, to 33,795.38. The gauge had lost 398.81 in the previous three sessions. The NSE Nifty was trading down by 90.4 points, or 0.86 per cent, at 10,367.95. All sectoral indices led by metal, auto, oil & gas banking and PSU stocks were trading in the negative terrain. Yes Bank, Tata Steel, Tata Motors, Coal India, Bharti Airtel, ONGC, HUL, Bajaj Auto, Dr Reddy’s HDFC, Asian Paint, Power Grid, M&M and SBI witnessed a downfall of up to 2.28 per cent. Domestic institutional investors (DIIs) sold shares worth Rs 3.29 crore while foreign portfolio investors (FPIs) bought shares worth Rs 241.85 crore on Thursday, provisional data released by the stock exchanges showed. In the Asian region, Hong Kong’s Hang Seng fell 1.38 per cent, Japan’s Nikkei shed 0.65 per cent, while Shanghai Composite Index down 0.35 per cent in their early deals. -PTC News
