Mumbai: The benchmark index Sensex and Nifty fell in early trading on Friday as profits emerged after a huge rally at the last trade.
The market was delayed due to weaker sales of IT stocks and the trend in the Asian market.
After a weaker start to the day, the 30-piece BSE benchmark Sensex dropped further by 252.97 points in early trade to 82,277.77. NSE Nifty fell 67.6 points to 24,994.50.
From Sensex, Bharti Airtel, Indusind Bank, National Bank of India, Infosys, Power Grid, HCL Tech, Tech Mahindra and Mahindra & Mahindra are the main laggards.
Eternal, NTPC, Adani Ports, Bajaj Finance and Bajaj Finserv are the winners.
In the Asian market, Japan’s Nikkei 225 index, Shanghai’s SSE Composite Index and Hong Kong’s Hang Seng traded lower, while South Korea’s Kospi quoted on positive territory.
The U.S. market ended on Thursday most.
The global oil benchmark Brent crude oil stock price is 0.08%, at $64.58 per barrel.
According to Exchange Data, Foreign Institutional Investors (FIIS) bought the stock for Rs 53,929.4 crore on Thursday.
BSE Sensex rose 1200.18 points, or 1.48%, on the second day of Thursday, to settle down at a high of 72,530.74. The nice rise was 395.20 points or 1.60%, reaching a seven-month peak of 25,062.10.
