Mumbai | Jagran Business Desk: Equity benchmark Sensex slumped nearly 700 points in opening trade on Friday, tracking intense selling pressure across the counters amid a negative trend in global markets and sustained foreign fund outflow.

The BSE gauge was trading 690.51 points or 1.16 per cent lower at 58,774.11 in early trade. Likewise, the Nifty fell 194.10 points or 1.09 per cent to 17,562.90.

Bajaj Finserv was the top loser in the Sensex pack, shedding 2.59 per cent, followed by Infosys, Dr Reddy's, Tech Mahindra, Sun Pharma, Wipro and IndusInd Bank.

On the other hand, PowerGrid and HUL were the only gainers.

In the previous session, the 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62. Similarly, the NSE Nifty plunged 181.40 points or 1.01 per cent to 17,757.

Elsewhere in Asia, bourses in Hong Kong, Seoul and Tokyo were trading with deep losses in mid-session deals.

Stock exchanges in the US witnessed intense sell-off in the overnight session.

Meanwhile, international oil benchmark Brent crude declined 2.03 per cent to USD 86.59 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth Rs 4,679.84 crore on Thursday, according to stock exchange data.

Updates from Jan 20, Thursday:

Equity benchmark Sensex tumbled 634.20 points to end at 59,464.62 in closing trade on Thursday while Nifty slumped 181.40 points to 17,757. 

In the opening session Sensex dropped over 160 points, tracking losses in index-majors Infosys, HCL Tech and Reliance Industries amid persistent foreign fund outflows and a mixed trend in Asian peers.

The BSE gauge was trading 164.47 points or 0.27 per cent lower at 59,934.35 in early trade. Likewise, the Nifty slipped 52.45 points or 0.29 per cent to 17,885.95.

Infosys was the top loser in the Sensex pack, shedding 1.13 per cent, followed by Asian Paints, HCL Tech, Reliance Industries, Wipro, HDFC and TCS. On the other hand, PowerGrid, UltraTech Cement, Tata Steel, Bajaj Finserv, Titan and Axis Bank were among the laggards.

Elsewhere in Asia, bourses in Hong Kong, Seoul and Tokyo were trading with gains in mid-session deals, while Shanghai was in the red. Stock exchanges in the US ended on a negative note in the overnight session. Meanwhile, international oil benchmark Brent crude slipped 0.26 per cent to USD 88.21 per barrel.

Updates from Jan 19, Wednesday:

The Indian stock market had a tough session on Wednesday with both BSE Sensex and NSE Nifty ending in red amid weak global trends. The Sensex plunged by plunged by 656.04 points or 1.08 per cent to end at 60,098.82. On the other hand, Nifty dropped by 174.65 points or 0.96 per cent to end at 17,938.40.

Infosys fell the most among Sensex stocks, declining by 2.85 per cent. Among other IT stocks, TCS fell by 1.87 per cent, Wipro by 1.52 per cent, and HCL Tech by 1.70 per cent. Asian Paints by 2.71 per cent, HUL declined by 2.41 per cent, Bajaj Finance by 2.07 per cent, and Kotak Bank by 1.86 per cent.

Meanwhile, Asian stock markets declined in cautious trading with Tokyo's Nikkei 225 plunging nearly 3 per cent following losses on Wall Street. Australia's S&P/ASX 200 fell 1 per cent to 7,332.50. South Korea's Kospi declined 0.8 per cent, the Shanghai Composite lost 0.3 per cent to 3,558.18. Hong Kong's Hang Seng inched up.

Updates from Jan 18, Tuesday

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets.

The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

Maruti was the top loser in the Sensex pack, shedding over 4 per cent, followed by Tech Mahindra, HCL Tech, Tata Steel, IndusInd Bank and L&T.

Sectorally, Basic Materials, Telecom, Auto, Realty and Metal indices fell up to 2.76 per cent. On the other hand, Axis Bank, HDFC Bank, ICICI Bank, Kotak Bank Dr Reddy's, Titan and Nestle India were the gainers.

Elsewhere in Asia, bourses in Hong Kong, Tokyo and Seoul ended with losses, while Shanghai was positive. Stock exchanges in Europe were witnessing heavy selling pressure in mid-session deals.

Meanwhile, international oil benchmark Brent crude surged 1.13 per cent to USD 87.46 per barrel.

In the opening trade, Nifty 50 index was up 35.50 points to 18,343.60, while the S&P BSE Sensex gained 138.57 points to 61,447.48.

Updates from Jan 17, Monday

The Sensex ended 85.88 points lower at 61,308.91 on Monday while Nifty settled 52.35 points up at 18,308. Ultratech Cement, Maruti Suzuki were the top gainers, while HCL Tech and HDFC Bank were the laggards.

On the 30-share Sensex, 19 stocks advanced and 11 declined. The auto and realty stocks outperformed in the closing bell while banks, IT and financial services, and pharma were under pressure.

The BSE Sensex climbed over 120 points in opening trade on Monday, tracking gains in index-heavyweights ICICI Bank, HDFC twins and Infosys amid mixed cues from the Asian markets.

Starting on a positive note, the BSE gauge was trading 122.58 points or 0.20 per cent higher at 61,345.61 in early trade. Likewise, the Nifty advanced 37.65 points or 0.21 per cent to 18,293.40.

Maruti was the top gainer in the Sensex pack, rising 1.62 per cent, followed by SBI, M&M, ICICI Bank, Bajaj Finserv, HDFC, Infosys and HDFC Bank.

On the other hand, HCL Tech, UltraTech Cement, Tech Mahindra, Titan and Wipro were among the laggards.
In the previous session, the 30-share BSE index ended 12.27 points or 0.02 per cent lower at 61,223.03. Similarly, the NSE Nifty slipped 2.05 points or 0.01 per cent to 18,255.75.

Elsewhere in Asia, bourses in Shanghai and Tokyo were trading with gains in mid-session deals, while Hong Kong and Seoul were in the red. Stock exchanges in the US ended on a mixed note on Friday.

Meanwhile, international oil benchmark Brent crude rose 0.08 per cent to USD 86.13 per barrel.
Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth Rs 1,598.20 crore on Friday, according to stock exchange data.

(With inputs from agencies)

Sensex tumbles 634.20 pts to end at 59,464.62; Nifty slumps 181.40 pts to 17,757. PTI BAL

Posted By: Sugandha Jha