Sensex, Nifty start on a tepid note amid sustained foreign fund outflows

Domestic equity benchmarks BSE Sensex and NSE Nifty started on a tepid note Thursday tracking mixed cues from global markets amid sustained foreign fund outflows. The 30-share index was trading 8.25 points, or 0.02 per cent, higher at 37,123.13. The broader NSE Nifty was also trading 2.05 points, or 0.02 per cent, up at 11,159.05.

In the previous session on Wednesday, the BSE bourse settled 203.65 points, or 0.55 per cent, lower at 37,114.88; and the Nifty shed 65.05 points, or 0.58 per cent, to settle at 11,157.

Top gainers in the Sensex pack include Tata Motors, Vedanta, Infosys, Bajaj Finance, PowerGrid, Yes Bank, Axis Bank, Reliance Industries, ICICI bank, NTPC, Tata Steel, Hero MotoCorp, HUL, HCL Tech and Asian Paints, rising up to 3.39 per cent.

TRENDING NOW

China's factory activity expands for first time in six months, in latest sign economy is recovering

Finance Ministry notifies October 1 date for implementing amended GST law provisions for e-gaming

NPS: Want to get a Rs 50,000 pension per month? Try this

Government increases windfall tax on domestic crude to Rs 12,100/t from Rs 10,000/t

A look at this week's startup deals: Dunzo, Byju's, NIKOL EV, Pilgrim, Bluestone, Raptee in news

Auto giant Aston Martin launches DB12 in India; know ex-showroom price and specifications

Google's Bard may get 'Memory' feature to keep details about you

EPFO extends deadline to upload details by employers for higher pension option by 3-month till Dec 31

Amidst India-Canada row over Khalistan terrorist killing, Indian envoy to UK stopped from entering Scotland Gurdwara

Amazon Great Indian Festival dates announced; Prime members to get early access from October 8

NPS: What is PRAN? How can I generate it online?

Godrej Properties acquires 109-acre land in Nagpur for about Rs 200 crore to expand business

UAW adds GM, Ford SUV plants to strike

Amazon Great Indian Festival: Get Apple iPhone 14 for as low as Rs 23,249

Apple to hire more people in UK to work on AI: Tim Cook

On the other hand, Kotak Bank, M&M, L&T, IndusInd Bank, Coal India ITC and HDFC twins fell up to 0.71 per cent. According to traders, sustained foreign fund outflow kept weighing on investor sentiment here.

Foreign institutional investors (FIIs) sold equity worth Rs 1,142.44 crore on Wednesday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 671.77 crore, provisional data available with stock exchanges showed.

A mixed trend in global equities too kept market mood subdued on Dalal Street, traders said. Bourses in China, Japan and Korea were trading on a mixed note in their respective early sessions; while, Wall Street indices ended in the green on Wednesday.

On the currency front, rupee appreciated marginally to 70.31 against the US dollar in early trade. Brent crude futures, the global oil benchmark, were trading 0.56 per cent higher at USD 72.17 per barrel.