Weakness in global markets and fresh foreign capital outflows led to a sharp drop in benchmark equity indices in early trade today (June 24). Profit booking after record gains also weighed on the benchmark indices. The 30-share BSE Sensex fell 463.96 points to 76,745.94. The Nifty slumped 149.6 points to 23,351.50.
Among the 30 companies that make up the Sensex index, IndusInd Bank, Tata Steel, Adani Ports, State Bank of India, Bajaj Finance and JSW Steel were the biggest losers, while gainers included Sun Pharma, ITC, ICICI Bank and Tata Consultancy Services.
In Asia, Seoul, Shanghai and Hong Kong fell while Tokyo traded in positive territory. US markets ended mostly lower on Friday. Foreign Institutional Investors (FIIs) ₹1,790.19 crore on Friday, according to exchange data.
Brent crude, the global oil benchmark, fell 0.07 percent to $85.18 a barrel. Ending a six-day rally, the BSE index fell 269.03 points, or 0.35 percent, to close at 77,209.90 on Friday. The NSE Nifty fell 65.90 points, or 0.28 percent, to end at 23,501.10.
