Sensex slips 155 points, Nifty falls by 37 points in early trade
- The Sensex was down 155.21 points, or 0.26%, at 59,177.39
- The rupee fell 9 paise to 79.71 against the US dollar
- Brent crude was trading 0.40% down at USD 99.20 a barrel
In early trade, the Sensex was down 155.21 points, or 0.26%, at 59,177.39. Similarly, the Nifty fell 37.25 points, or 0.21%, to 17,621.75.
Also Read| Stocks to watch on Friday, August 12, 2022
The Sensex's biggest loss was Tech Mahindra, which fell 1.34%, followed by Nestle India, Maruti, Infosys, UltraTech Cement, TCS, and Sun Pharma.
The Sensex closed 515.31 points, or 0.88%, higher at 59,332.60 in the previous session, its highest close since April 8, 2022. Similarly, the Nifty rose 124.25 points, or 124.25%, to settle at 17,659.
The foreign institutional investors (FIIs) bought shares worth a net Rs 2298.08 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 729.56 crore in the Indian equity market on August 11, as per provisional data available on the NSE.
The overnight session on Wall Street finished on a mixed note. This morning, Asian shares were bullish, with Japan's Nikkei gaining 2.13%. In mid-session trades, bourses in Shanghai, Hong Kong, and Seoul were trading with slight gains.
Brent crude, the international oil benchmark, was trading 0.40% down at USD 99.20 a barrel. The rupee fell 9 paise to 79.71 against the dollar in early trade on Friday, mirroring the strength of the US currency in the international market.