Share Market Today: BSE Sensex Decline in Early Trade on Weak Global Cues, Foreign Fund Outflows

Mumbai, September 6: Equity benchmark indices declined in early trade on Wednesday in tandem with weak global cues and foreign fund outflows. The BSE Sensex declined 45.66 points to 65,734.60 in early trade. The Nifty slipped 12.75 points to 19,562.15. However, later both the benchmark indices rebounded and were trading in the green. The Sensex quoted 45.98 points up at 65,826.24 and the Nifty traded with a gain of 16.15 points to 19,591.05.

From the Sensex pack, IndusInd Bank, Tata Steel, JSW Steel, Tata Motors, Asian Paints and Maruti were the major laggards. Bharti Airtel, UltraTech Cement, HDFC Bank, ITC and Reliance Industries were among the gainers. In Asian markets, Seoul, Shanghai and Hong Kong were trading lower while Tokyo quoted in the green. Sensex Climbs 119 Points to Over 65,700, Nifty at 19,567.95 in Early Trade on Strong Macroeconomic Numbers.

The US markets ended in the negative territory on Tuesday. Global oil benchmark Brent crude climbed 0.07 per cent to USD 90.10 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,725.11 crore on Tuesday, according to exchange data. Stock Market Update Today: Sensex, Nifty Fall in Early Trade.

Rallying for the third day, the Sensex climbed 152.12 points or 0.23 per cent to settle at 65,780.26 on Tuesday. The Nifty advanced 46.10 points or 0.24 per cent to end at 19,574.90.

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