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Markets fall in early trade amid weak global shares: The Tribune India | Jobs Vox

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PTI

Mumbai, December 20

Benchmark stocks started trading on a weak note on Tuesday after rallying in previous trade amid a bearish trend in global markets and foreign fund outflows.

The benchmark 30-share BSE Sensex index fell 393.68 points to 61,412.51. The broader NSE Nifty fell 123.1 points to 18,297.35.

From the Sensex pack, Larsen & Toubro, Hindustan Unilever, Tech Mahindra, HCL Technologies, Tata Steel, Mahindra & Mahindra, Asian Paints, Power Grid, Tata Motors and Bajaj Finserv were among the top laggards.

Only Akis Bank was trading in the green out of a package of 30 shares.

Elsewhere in Asia, stock markets in Seoul, Tokyo, Shanghai and Hong Kong traded lower.

US markets ended lower on Monday.

The benchmark index of the Belgrade Stock Exchange jumped by 468.38 points or 0.76 percent and reached 61,806.19 on Monday. The Nifty rose 151.45 points or 0.83 percent to end at 18,420.45.

The international reference price of Brent oil rose by 0.50 percent to 80.20 dollars per barrel.

Foreign institutional investors transferred shares worth Rs 538.10 crore on Monday, according to stock exchange data.

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