Markets are early wins; trade weakened due to continued outflow of foreign funds - watsupptoday.com
Markets are early wins; trade weakened due to continued outflow of foreign funds
Posted 23 Aug 2023 12:25 PM

Agencies

Stock indices started trading on a bright note on Wednesday, but later pared their gains and traded lower amid volatile trends in global markets and continued outflows of foreign funds.
The BSE Sensex rose 216.07 points to 65,436.10 in early trade. The NSE Nifty rose 53.75 points to 19,450.20.

Later, both benchmarks matched their early gains and traded in negative territory. The BSE index was down 76.55 points at 65,143.48 and the Nifty was down 20.1 points at 19,376.35. Top gainers among the Sensex pack were Tata Steel, Axis Bank, JSW Steel, Infosys, Tata Consultancy Services, Reliance Industries, UltraTech Cement, and NTPC.

It was followed by Jio Financial Services, Bharti Airtel, ITC, Kotak Mahindra Bank, IndusInd Bank, and Mahindra and Mahindra.
In Asian markets, Tokyo and Hong Kong were listed in the green, while Seoul and Shanghai fell.
The US market ended mixed on Tuesday.

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