🌜Equity benchmark Sensex drops over 300 points in early trade on Thursday tracking losses in index majors ICICI Bank, HDFC and Infosys, amid a weak trend in global markets and unabated foreign fund outflow.
ꦯThe 30-share index was trading 306.32 points or 0.50 per cent lower at 60,837.01 in initial deals. Similarly, the Nifty fell 89.50 points or 0.49 per cent to 18,121.45.
🍌ICICI Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Tata Steel, ITC, SBI, HDFC and Titan.
ꩲOn the other hand, IndusInd Bank, L&T, Bajaj Auto and Bajaj Finance were among the gainers.
ඣIn the previous session, the 30-share index ended 206.93 points or 0.34 per cent lower at 61,143.33, and Nifty fell 57.45 points or 0.31 per cent to 18,210.95.
🐷Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 1,913.36 crore on Wednesday, as per exchange data.
💜Elsewhere in Asia, bourses in Shanghai, Hong Kong and Tokyo were trading with losses in mid-session deals, while Seoul was positive.
🌠Stock exchanges in the US ended on a negative note in the overnight session.
ౠMeanwhile, international oil benchmark Brent crude fell 2.25 per cent to $81.98 per barrel
(With PTI Inputs)
