Sensex loses 490 points on weak global shares | Jobs Vox


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.

At 12.30 pm, BSE’s 30-share Sensex index fell 490.68 points to 61,316.51. The broader NSE Nifty fell 158.20 points to 18,262.00.

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

Only shares of TCS were traded in the green from the 30-share package.

Some of the top gainers on the BSE were Inok Wind which gained 7.30 percent, Shipping Corporation which gained 5.83 percent, JK Paper which gained 3.11 percent and PSP Project which gained 3.40 percent in early trading on Tuesday.

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

US markets ended lower on Monday.

International benchmark Brent crude rose 0.50 percent to $80.20 per barrel.

Foreign institutional investors (FIIs) surrendered shares worth INR 538.10 crore on Monday, according to exchange data.


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